Adam Smith's Equality and the Pursuit of Happiness

This book examines Adam Smith's main principles in Wealth of Nations as the basis for effective policymaking. Adam Smith wanted to increase happiness through this formula for a good life: equality, liberty, and justice. Free market interpretations of Smith, the book argues, grossly misrepresent his thought, emphasizing only liberty and not also equality and justice. This book suggests policies that combine all three in order for happiness to be maximized.

Effectively applies the thought of Adam Smith to contemporary policy issues of economic inequality, healthcare, education, crime, national defense, and taxation in the US Illustrates the complexity of Smith's thought beyond free market interpretations, showing his emphasis on social relationships and significant roles for government in the economy Thoughtfully examines the importance of happiness as a social good to be pursued by policy making

Autorentext
John E. Hill is an award-winning Professor of Politics and History at Curry College, USA. He is the author of Democracy, Equality and Justice: John Adams, Adam Smith and Political Economy (2007).

Zusammenfassung
This book examines Adam Smith's main principles in Wealth of Nations as the basis for effective policymaking. Free market interpretations of Smith, the book argues, grossly misrepresent his thought, emphasizing only liberty and not also equality and justice.

Inhalt
Introduction: A Forgotten Revolutionary Value .- Justice, Liberty and Equality: Adam Smith's Political Economy .- Smith's Principles for the Twenty-first Century .- Wealth for All .- Health .- Education .- Crime .- Common Defense .- Taxes .- Conclusion.