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An Integration of The Wealth of Nations with The Theory of Moral Sentiments

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Tags Capital and Interest TheoryEntrepreneurshipMonetary TheoryOther Schools of Thought

07/30/2014Jeffrey M. Herbener

This paper contends that Adam Smith meant what he said; human nature is ennobled by the cultivation of its lands, the advancement of its manufactures, the increase of its commerce, etc. Since it describes the environment in which these improvements will most likely occur, The Wealth of Nations provides a base for the ennobling of man's nature, which Smith discusses in The Theory of Moral Sentiments.

Volume 8, Number 2 (1987)

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Contact Jeffrey M. Herbener

Jeffrey Herbener teaches economics at Grove City College and is chairman of the economics department. He is assistant editor of the Quarterly Journal of Austrian Economics..

Cite This Article

Herbener, Jeffery. "An Integration of The Wealth of Nations with The Theory of Moral Sentiments." Journal of Libertarian Studies 8, No. 2 (1987): 275–288.

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