What Adam Smith Knew

What exactly is capitalism, and why do its advocates support it? What are the central objections raised to capitalism? Are there moral reasons to support capitalism, or to oppose it? This book contains excerpts from seminal historical and contemporary readings exploring the nature, purpose, and effects of capitalism, from the most important expositors themselves. In this time of globalisation and economic turbulence, its questions could not be more timely, or important. If you want to develop an informed judgment about whether markets and morality mix, start here.