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50th Anniversary Anthology of the Works of Adam Smith

This List Is By:

Liberty Fund Staff

Liberty Fund, Inc., Indianapolis, Indiana

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The 50th Anniversary of Liberty Fund (1960-2010)

Liberty Fund was founded in 1960 thus making 2010 its 50th Anniversary Year. As part of the celebrations organized for this year we plan to create a number of anthologies drawn from the books which Liberty Fund has published over the decades. The idea is to introduce readers to some of the outstanding material which liberty Fund has produced over this period in the hope that it might encourage people to read the original books for themselves.

In particular, we will showcase the outstanding definitive scholarly editions of the following economists and political theorists:

Additional anthologies of Liberty Fund books are planned in the following subject areas and topics: The American Revolution and Constitution, History of Political Thought, Economics, History, Law, Political Thought.

A complete list of books published by Liberty Fund can be found at its online catalog from which they can be purchased. Many of these are also available online at the OLL here.

Adam Smith (1723-1790)

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The following is an anthology of the writings of one of the founding fathers of modern economic thought, Adam Smith (1723-1790). Smith is commonly regarded to be the first modern economist with the publication in 1776 of The Wealth of Nations. He wrote in a wide range of disciplines: moral philosophy, jurisprudence, rhetoric and literature, and the history of science. He was one of the leading figures in the Scottish Enlightenment. Smith also studied the social forces giving rise to competition, trade, and markets. While professor of logic, and later professor of moral philosophy at Glasgow University, he also had the opportunity to travel to France, where he met François Quesnay and the physiocrats; he had friends in business and the government, and drew broadly on his observations of life as well as careful statistical work summarizing his findings in tabular form. He is viewed as the founder of modern economic thought, and his work inspires economists to this day. The economic phrase for which he is most famous, the “invisible hand” of economic incentives, was only one of his many contributions to the modern-day teaching of economics. [The image comes from “The Warren J. Samuels Portrait Collection at Duke University.”]

The selections are taken from Liberty Fund’s edition of the The Glasgow Edition of the Works and Correspondence of Adam Smith.

For additional reading see:

Table of Contents

  1. Part I: Of the Propriety of Action in The Theory of Moral Sentiments [1759/1982]
  2. Part II: Of Merit and Demerit in The Theory of Moral Sentiments [1759/1982]
  3. Part III: Of the Foundation of our Judgments in The Theory of Moral Sentiments [1759/1982]
  4. Part IV: Of the Effect of Utility in The Theory of Moral Sentiments [1759/1982]
  5. Part V: Of the Influence of Custom and Fashion in The Theory of Moral Sentiments [1759/1982]
  6. Part VI: Of the Character of Virtue in The Theory of Moral Sentiments [1759/1982]
  7. Part VII: Of Systems of Moral Philosophy in The Theory of Moral Sentiments [1759/1982]
  8. Hume’s Letter on “Considerations concerning the first formation of language” in Correspondence [1759/1987]
  9. Smith’s Letter to Gilbert Elliot in Correspondence [1759/1987]
  10. Lectures on Rhetoric and Belles Lettres [1762/1985]
  11. Lectures On Jurisprudence [1766/1982]
  12. Book I: Of the Causes of Improvement in the productive Powers of Labour in Wealth of Nations [1776/1981]
  13. Book II: Of the Nature, Accumulation, and Employment of Stock in Wealth of Nations [1776/1981]
  14. Book III: Of the different Progress of Opulence in different Nations in Wealth of Nations [1776/1981]
  15. Book IV: Of Systems of political Oeconomy in Wealth of Nations [1776/1981]
  16. Book V, Chapter I: Of the Expences of the Sovereign or Commonwealth in Wealth of Nations [1776/1981]
  17. The History of Astronomy, ancient physics, logics and metaphysics in Essays on Philosophical Subjects [1795/1982]
  18. Of the External Senses in Essays on Philosophical Subjects [1795/1982]
  19. Of the Imitative Arts in Essays on Philosophical Subjects [1795/1982]
  20. A Letter to the Authors of the Edinburgh Review in Essays on Philosophical Subjects [1795/1982]
  21. Smith’s Obituary of David Hume in Correspondence [1776/1897]