Vernon Smith on Adam Smith and the Human Enterprise

What this episode covers

Nobel Laureate Vernon L. Smith of Chapman University talks to EconTalk host Russ Roberts about how Adam Smith's book, The Theory of Moral Sentiments has enriched his understanding of human behavior. He contrasts Adam Smith's vision in Sentiments with the traditional neoclassical models of choice and applies Smith's insights to explain unexpected experimental results from the laboratory.

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Frequently Asked Questions

How long is this episode of EconTalk?

This episode is 1 hour and 8 minutes long.

When was this EconTalk episode published?

This episode was published on November 17, 2014.

What is this episode about?

Nobel Laureate Vernon L. Smith of Chapman University talks to EconTalk host Russ Roberts about how Adam Smith's book, The Theory of Moral Sentiments has enriched his understanding of human behavior. He contrasts Adam Smith's vision in Sentiments...

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