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The Real Adam Smith: Ideas that Changed the World

"Morality and Markets," hour one of this two-part documentary, explores Smith’s life and role in the Scottish Enlightenment, his thoughts on empathy and how we distinguish right from wrong. French wine, Scottish whiskey, and freshly-baked scones all illustrate Smith’s economic principles. True wealth is defined. We discover Smith’s thoughts on the government’s role in markets, his distaste for monopolies/crony capitalism in the form of the East India Company, and his thoughts on the American colonies.

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