The new edition of The New Statesman contains this review of Adam Smith's The Theory of Moral Sentiments (TMS). (HT to Arts & Letters Daily). The review is by Amartya Sen, who won the 1998 Nobel Prize in Economics and teaches economics and philosophy at Harvard.
Sen's review puts the book in its proper context vis-a-vis The Wealth of Nations and helps explain why Smith is not the free-ranging, no-holds-barred self-centered capitalist that many people think. I've recommended TMS in the past and I will use this opportunity to do so once again. If you who really want to understand Smith and his message in The Wealth of Nations, you should read The Theory of Moral Sentiments. It is work, but it is rewarding.
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