Namaste, iam Charlene Mcinnis, Have a pleasant day.

What Did Adam Smith Think About Poverty? [Solved]

He sees “poverty” (poorness) as widespread but not problematic in commercial society, since wage earners do not experience actual misery. In the growth model of the Wealth of Nations, laborers earn a wage that affords them all the necessities and even a few conveniences and luxuries.

POLITICAL THEORY - Adam Smith

Adam Smith

Christopher Martin on “Equity, Besides: Adam Smith and the Utility of Poverty”

Christopher Martin, Marshall Center Visiting Research Fellow, discusses “Equity, Besides:

IHR History of Political Ideas ECR Seminar: Adam Smith, Poverty, and the Problem of Hard-Heartedness

Speaker: Chris Chambers (Yale)