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2007

Economics

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[Introduction To] The Wealth Of Nations, Adam Smith, Jonathan B. Wight Jun 2007

[Introduction To] The Wealth Of Nations, Adam Smith, Jonathan B. Wight

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The Wealth of Nations is a treasured classic of political economy. First published in March of 1776, Adam Smith wrote the book to influence a special audience - the British Parliament - and its arguments in the early spring of that year pressed for peace and cooperation with Britain's colonies rather than war.

Smith's message was that economic exploitation, through the monopoly trade of empire, stifled wealth-creation in both home and foreign lands. Moreover, protectionism preserved the status quo, and privileged a few elites at the expense of long run growth.

Smith wrote, "It is the industry which is carried …


[Introduction To] Teaching The Ethical Foundations Of Economics, Jonathan B. Wight, John S. Morton Jan 2007

[Introduction To] Teaching The Ethical Foundations Of Economics, Jonathan B. Wight, John S. Morton

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Teaching the Ethical Foundations of Economics contains 10 lessons that reintroduce an ethical dimension to economics in the tradition of Adam Smith, who believed ethical considerations were central to life. Utilizing these innovative instructional materials your students will learn about the important role ethics and character play in a market economy and how, in turn, markets influence ethical behavior.

The lessons do more than illustrate how ethical conduct improves an economy. They actively involve the students through simulations, group decision making, problem solving, classroom demonstrations and role playing. The lessons encourage students to think critically about ethical dilemmas.