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An Inquiry into the Nature and Causes of the Wealth of Nations is one of the most important and influential works ever published on economic theory and is the foundation of classical economics. In it, Adam Smith stresses the importance of the division of labor to economic progress. He criticizes the arguments for economic planning and offers a detailed theoretical and historical case for free trade. In this masterpiece of the eighteenth-century Scottish Enlightenment, Smith develops a theory of social order arising from the unintended consequences of self-interested behavior. This self-regulating system of the free market, Smith contends, protects consumers from entrenched special interests and is usually harmed by government intervention. Far more than just a work on economic theory, The Wealth of Nations also contains Smith's views on philosophy, history, and political theory. This program discusses Adam Smith's general approach to philosophy and how The Wealth of Nations fits into that approach. It also explains Smith's major arguments and themes. Smith's sometimes difficult discourse is presented with the background information necessary for its comprehension.The Giants of Political Thought series is an easy and entertaining way to broaden your mind and your awareness of great ideas. Edited by George Smith
Adam Smith (Author), A Supporting Cast, Craig Deitschmann (Narrator)
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An Inquiry into the Nature and Causes of the Wealth of Nationsis one of the most important and influential works ever published on economic theory and is the foundation of classical economics. In it, Adam Smith stresses the importance of the division of labor to economic progress. He criticizes the arguments for economic planning and offers a detailed theoretical and historical case for free trade. In this masterpiece of the eighteenth-century Scottish Enlightenment, Smith develops a theory of social order arising from the unintended consequences of self-interested behavior. This self-regulating system of the free market, Smith contends, protects consumers from entrenched special interests and is usually harmed by government intervention. Far more than just a work on economic theory,The Wealth of Nationsalso contains Smith's views on philosophy, history, and political theory. This program discusses Adam Smith's general approach to philosophy and howThe Wealth of Nationsfits into that approach. It also explains Smith's major arguments and themes. Smith's sometimes difficult discourse is presented with the background information necessary for its comprehension. The Giants of Political Thought series is an easy and entertaining way to broaden your mind and your awareness of great ideas.
Adam Smith (Author), A Supporting Cast, Craig Deitschmann (Narrator)
Audiobook
Communist Manifesto and Social Contract
In his Communist Manifesto, Karl Marx argued that history flows inevitably toward a social revolution, which will result in a society without economic classes. Rousseau’s Social Contract fanned the flames of the French Revolution with his controversial explanation of social authority as an implied contract between people and government.
Ralph Raico, Wendy McElroy (Author), A Supporting Cast, Craig Deitschman, Craig Deitschmann, Don Jones, E. R. Davies, John Lutz, Travis Hardison (Narrator)
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First published in 1776, this work is the classic statement of economic liberalism or the policy of laissez-faire. Several fundamental principles or "axioms" were introduced in this work, including the division of labor, supply-and-demand, and free market capitalism as some of the most obvious. Smith's political economy is primarily individualistic: self-interest is the incentive for economic action. However, he shows that universal pursuit of self-interest contributes to the public interest, a concept probably best encapsulated by John F. Kennedy when he remarked, "a rising tide raises all boats." “Edwards enunciates with unusual clarity, which helps with a book published in 1776.” —Talking Book Review
Adam Smith, George H. Smith (Author), A Supporting Cast, Craig Deitschman, Craig Deitschmann (Narrator)
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First published in 1776, this work is the classic statement of economic liberalism or the policy of laissez-faire. Several fundamental principles or "axioms" were introduced in this work, including the division of labor, supply-and-demand, and free market capitalism as some of the most obvious. Smith's political economy is primarily individualistic: self-interest is the incentive for economic action. However, he shows that universal pursuit of self-interest contributes to the public interest, a concept probably best encapsulated by John F. Kennedy when he remarked, "a rising tide raises all boats." “Edwards enunciates with unusual clarity, which helps with a book published in 1776.” —Talking Book Review
Adam Smith, George H. Smith (Author), A Supporting Cast, Craig Deitschman, Craig Deitschmann (Narrator)
Audiobook
This presentation discusses the life of John Locke, the evolution of his ideas, and the political conflicts in 17th Century England which led to the writing of Two Treatises of Government. The famous Second Treatise - which contains Locke’s central ideas on rights, government, and revolution-is examined in detail. Special attention is given to Locke’s theory of private property, which has influenced law and government for over two centuries.
George H. Smith, John Locke (Author), A Supporting Cast, Craig Deitschman, Craig Deitschmann (Narrator)
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The Prince/Discourse on Voluntary Servitude
The Prince - Machiavelli wrote The Prince for his ruler as a guide for gaining and keeping power. Central themes of his essay are the relation between politics and ethics; what the best form of government consists of; the importance of the Church; and the growth of Italy as a nation-state. The word "Machiavellian" often suggests sinister motives, but some scholars question this traditional interpretation. Discourse on Voluntary Servitude - Boetie, an unfamiliar figure in modern times, lived in 16th Century France during the birth of the nation-state, the rise of absolute monarchy, and intense religious and civil wars. He examines the psychology of political obedience; the structure and specific mechanisms of state authority; the motives of those who obey and those who command; and the phenomenon of obedience in the absence of force.
George H. Smith, George Smith, Wendy McElroy (Author), A Supporting Cast, Craig Deitschman, Craig Deitschmann, Don Jones, E. R. Davies, Jonathan Lutz, Travis Hardison (Narrator)
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This presentation explores the social and political turmoil during which Leviathan was written, including an examination of the radical political philosophies spawned by opposition to the Stuart monarchy in England. It explains the materialistic foundation of Hobbes' philosophy and how this influenced his theory of man, society, and government. Special attention is paid to Hobbes' theory of the "state of nature", the social contract, and the governmental sovereignty. The right of resistance against unjust laws and the right to liberty of conscience also are discussed.
George H. Smith, Pat Childs (Author), A Supporting Cast, Craig Deitschman, Craig Deitschmann, Paul Meier, Sam Mercurio, Travis Hardison (Narrator)
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Reflections on the Revolution in France/Rights of Man
Reflections on the Revolution in France is a slashing attack on the French Revolution by one of Britain's most famous statesmen. Liberty and social order, Burke argues, are maintained by the traditional rights and duties embedded in custom and law. And when these traditions are overthrown in revolutions, society is threatened with chaos, bloodshed and despotism. Rights of Man - Thomas Paine believed the French Revolution was based on the same principles as the American Revolution: natural rights, an implied "social contract", and the right of revolution against oppressive governments. Paine, unlike Burke, sees government as the primary threat to social order. He has little regard for traditional institutions, if those institutions are oppressive and unjust.
George H. Smith, Wendy McElroy, Wendy Mcelroy (Author), A Supporting Cast, Craig Deitschman, Craig Deitschmann, Don Jones, Jonathan Lutz, Robert Wynne, Travis Hardison (Narrator)
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On Liberty/Vindication of the Rights of Woman
On Liberty - John Stuart Mill advocated individual liberty based on a philosophical concept called utilitarianism, or "the greatest happiness for the greater number." This intellectual tradition rejects natural rights, such as those in Jefferson's Declaration of Independence. Despite beginning with a different theoretical foundation than natural rights proponents, Mill reaches a similar conclusion-that diversity in individual thought and action ultimately benefits society. Vindication of the Rights of Woman examines the tumultuous life of Mary Wollstonecraft and the social conditions against which she struggled. It explores her call for female independence against the backdrop of 18th Century England, the French Revolution, and the changing role of women. Mary Wollstonecraftt lived the life she advocated, defying accepted customs for female employment, marriage, and family life.
David Gordon, George H. Smith, George Smith, Wendy McElroy (Author), A Supporting Cast, Craig Deitschman, Craig Deitschmann, Dara Modglin, Don Jones, Jonathan Lutz, Pat Childs, Ruth Sweet (Narrator)
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The US Constitution was approved by the Constitutional Convention on September 17, 1787. It was to become law only if it was ratified by nine of the thirteen states. New York was a key state, but it contained strong forces opposing the Constitution. A series of eighty-five letters appeared in New York City newspapers between October 1787 and August 1788 urging support for the Constitution. These letters remain the first and most authoritative commentary on the American concept of federal government. Later known as The Federalist Papers, they were published under the pseudonym 'Publius,' although written by Alexander Hamilton, James Madison, and John Jay. This presentation explores the major arguments contained in The Federalist Papers and contrasts them with the views of the Anti-Federalists.
George H. Smith, Wendy McElroy (Author), A Supporting Cast, Craig Deitschmann, Don Jones, Michael Edwards, Michael Montgomery, Pat Childs, Robert Wynne, Travis Hardison (Narrator)
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In 1831, the French nobleman, Alexis de Tocqueville, journeyed to America to examine a new political force: democracy. Although alarmed by "the tyranny of the majority", Tocqueville believed that democracy was destined to supplant the decaying aristocracy of France. Tocqueville asked: Is the tendency toward equality a tendency toward liberty? Can the majority be restrained to protect the freedom of individuals and minorities? In pondering these questions, Tocqueville presented an unsurpassed picture of American government, culture and attitudes. He proclaimed a new nation with a new theory of human interaction: America, ruled by the will of the majority. But what sort of human being would this society produce? And could democratic man prosper in Europe?
Ralph Raico, Wendy McElroy, Wendy Mcelroy (Author), A Supporting Cast, Craig Deitschman, Craig Deitschmann, Dan Church, Jean Le Blanc, Paul Meier, Travis Hardison (Narrator)
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