Liberty, understood through free markets, limited government, and the rule of law, is exemplified in the writings of Adam Smith.

Adam Smith’s Enlightened World is a project of Liberty Fund made possible by the support of a grant from the John Templeton Foundation.

Begin an exploration of the Smithian tradition of “natural liberty” in an interactive experience of one of his most famous examples; the pin factory, and browse an assortment of online content centered around Adam Smith.

Life & Times | Explore the ideas of Adam Smith organized by theme. Multimedia resources (video, audio, animations, and essays) highlight the context and importance of Smith in his own time and how his insightful contributions apply to our world today.

Text Repository | Discover new insights from Adam Smith’s groundbreaking works, The Theory of Moral Sentiments and The Wealth of Nations. Online versions of Smith’s texts, along with the writings of related thinkers are available in a digital and mobile-responsive format.

Educational Resources | Learn practical, real-world applications of Adam Smith’s ideas using resources aimed to assist in understanding and teaching Smithian concepts such as the division of labor, moral sentiments, benefits of trade, and the invisible hand.

Scholars’ Portal | Research of Adam Smith’s work in economics, philosophy, political economy, psychology, scientific inquiry and other areas is ongoing. Academics interested in learning how to be involved with this project as a Smithian Scholar should click here to learn how to apply.

ASW.horiz AdamSmithWorks features content centered around the works and ideas of the moral philosopher and founder of economics, Adam Smith. Resources include digital versions of his major works, scholarly essays, videos, and an interactive pin factory.

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Recent Posts

Here are the 10 latest posts from AdamSmithWorks.

AdamSmithWorks March 20, 2019

William Robertson

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AdamSmithWorks March 20, 2019

Adam Smith, Scientist and Evolutionist: Part 3

V. Smith ASW p.3 An Alternative Model of Human Sociality by Vernon L. Smith

AdamSmithWorks March 16, 2019

The Book that Changed the World

AdamSmithWorks March 13, 2019

Adam Smith as a Moral Philosopher

"... we explain Adam Smith as a moral philosopher of the Enlightenment and discuss how to understand his theory of moral sentiments in the context of socioeconomics."

AdamSmithWorks March 12, 2019

Adam Smith's Impartial Spectator

Adam Smith claims that humans naturally sympathize with others and seek their approval. The process of matching our sentiments with others’ sentiments forms the basis of our moral judgment. But what do we do when sentiments conflict? Smith saw that we need to move beyond literal impartial spectators to reach some ideal by which we can judge others’ sentiments and our own. That ideal is a category that we develop inductively. 

AdamSmithWorks March 11, 2019

Adam Smith as a Moral Philosopher

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AdamSmithWorks March 11, 2019

Adam Smith: Moral Hypocrite?

Russell Roberts at the Hoover Institution

In The Wealth of Nations, Smith takes human beings as self-interested and explores the implications for commercial life when self-interested people “truck, barter, and exchange,” Smith’s phrase for trading locally and globally—our search for a good deal. Unfortunately, some have misinterpreted Smith as saying that greed is good and that selfishness (and not just self-interest) underlies our economic system.

AdamSmithWorks March 11, 2019

Comparing the Theories of Adam Smith & Karl Marx

figcaption class"attachment__caption"/figcaption Adam Smith and Karl Marx are perhaps two of the best known social and economic thinkers in history. Find out more about each man's theory on the economy and capitalism.

AdamSmithWorks March 11, 2019

To Adam Smith be True: A Conversation with Russ Roberts

figcaption class"attachmentcaption"/figcaption Did you know that Adam Smith’s The Theory of Moral Sentiments  can change your life? In essays on self-knowledge, happiness, virtue, being loved and being lovely, making the world a better place, and most importantly, fame and self-deception, Russ Roberts’ new book on Smith explores why the 18th century Scottish philosopher has the cure for the denizen of late modernity. 

AdamSmithWorks March 11, 2019

Symposium: My Understanding of Adam Smith's Impartial Spectator

figcaption class"attachment__caption"/figcaptionThe mysterious impartial spectator is addressed by leading Smith scholars: What is the impartial spectator, in Smith’s highest sense of that expression? Does the impartial spectator have knowledge that is super-human? Is it universal? How does the impartial spectator relate to “the man within the breast”? To the being whose hand is invisible? To God?

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