April 11, 2009
Klein and Roberts on Theory of Moral Sentiments

This podcast between Dan Klein and Russ Robert on The Theory of Moral Sentiments is just fantastic. I cannot wait to hear the rest in the series, especially since my Koch Colloquium is reading TMS this term. By the way, the discussion between variou s commenters and Klein here is excellent and shouldn't be missed either.

Posted by Joshua Hall at 08:32 PM in Economics

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

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