The New Index: Adam Smith’s Theory of Moral Sentiments
This series, in its unrevised form, was posted in Summer 2005. I thought it was lost forever, but Allen Wilson has been kind enough to send me dozens of old pieces that have disappeared from the old website. Part One: Capitalism 1776, the year of the Declaration of Independence, was marked also by the publication of Adam Smith’s path-breaking book on economics, The Wealth of Nations. This is no accident, according to a familiar myth put out by American classical liberals who call themselves conservatives, because America is a land of individualists who came to a New World seeking freedom...



