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  • How Adam Smith Can Change Your Life

  • An Unexpected Guide to Human Nature and Happiness
  • Written by: Russ Roberts
  • Narrated by: Don Hagen
  • Length: 5 hrs and 29 mins
  • 4.2 out of 5 stars (11 ratings)

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How Adam Smith Can Change Your Life

Written by: Russ Roberts
Narrated by: Don Hagen
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Publisher's Summary

A forgotten book by one of history's greatest thinkers reveals the surprising connections between happiness, virtue, fame, and fortune. Adam Smith may have become the patron saint of capitalism after he penned his most famous work, The Wealth of Nations. But few people know that when it came to the behavior of individuals - the way we perceive ourselves, the way we treat others, and the decisions we make in pursuit of happiness - the Scottish philosopher had just as much to say. He developed his ideas on human nature in an epic, sprawling work titled The Theory of Moral Sentiments. Most economists have never read it, and for most of his life, Russ Roberts was no exception. But when he finally picked up the book by the founder of his field, he realized he’d stumbled upon what might be the greatest self-help book that almost no one has read. In How Adam Smith Can Change Your Life, Roberts examines Smith’s forgotten masterpiece, and finds a treasure trove of timeless, practical wisdom. Smith’s insights into human nature are just as relevant today as they were 300 years ago. What does it take to be truly happy? Should we pursue fame and fortune or the respect of our friends and family? How can we make the world a better place? Smith’s unexpected answers, framed within the rich context of current events, literature, history, and pop culture, are at once profound, counterintuitive, and highly entertaining. By reinvigorating Smith’s neglected classic, Roberts provides us with an invaluable look at human behavior through the lens of one of history’s greatest minds.

©2014 Russ Roberts (P)2014 Gildan Media LLC

What the critics say

"A great book. Makes you feel better about life, humanity, and yourself. Like having a conversation and a scotch with Adam Smith, or even better, Russ Roberts." (Nassim Taleb, author of The Black Swan)
"Russ Roberts has taken a brilliant but difficult classic - Smith’s Theory of Moral Sentiments - and written an engaging and inspiring meditation on virtue, friendship, and happiness. The result is a wonderful guide to living a good life." (Jonathan Haidt, author of The Righteous Mind)

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Useful historical context to understand economics

I am a fan of the Econtalk podcast where Russ is often critical of textbook economic theories. This book describes the wisdom provided by the father of the discipline giving one a sense of how it has become distilled down to an idea that is goal directed. I term this process "pointification".

I highly recommend this audiobook.

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