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Lessons from the Global Financial Crisis

Lessons from the Global Financial Crisis

Richard Morgan argues that although The Wealth of Nations is concerned with political economy, Adam Smith's pointed attacks on exploitation and greed reflect the ethics outlined in his first work and illuminate the constructive role he proposed for government, which includes ensuring the provision of education and protection of society by regulating the banking system, even while stressing that government regulations be kept to a minimum. Morgan's analysis is extremely relevant to understanding the global financial crisis and the relevance of morality in the free market; it should guide us in setting appropriate policies for the future.
ISBN10: 1589795776
ISBN13: 9781589795778
Number Of Pages: 110
Publication Date: 20100916
Publisher: National Book Network
Binding: Paperback
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SKU: 9781589795778
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