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Adam Smith, the American Founding and the Political Problem of Wealth, Part 2
July 26, 2024 How do you make sure bad people do not end up in control of necessary institutions? How do you make sure that good people can rise to positions of leadership that require virtue? The American founders struggled and arguing and learned from each other as well as from thoughtful predecessors like Adam Smith.
Adam Smith, the American Founding and the Political Problem of Wealth
July 17, 2024 ... for Smith, and most of the founders, the moral psychological problem of wealth is not something that can be resolved, and so each suggest institutional solutions to the problem. Smith, in particular, focuses on political economic solutions or institutions to address the potential downfalls of a permanent wealthy class.
Sandra Peart on Ethical Quandaries and Politics Without Romance
One way to think about economics is to start with scarcity and devise a system around it. And then there's the Virginia School. Not only can this school provide a more interesting avenue for exploring the human condition, it's a model of human learning and debate that could serve college campuses well today.