Vernon Smith on Adam Smith and the Human Enterprise

Update: 2014-11-17

Description

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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Vernon Smith on Adam Smith and the Human Enterprise

#box-pro-ellipsis-176318605913343{-webkit-line-clamp:2;}Vernon Smith on Adam Smith and the Human Enterprise

Vernon Smith on Adam Smith and the Human Enterprise

EconTalk: Russ Roberts

Vernon Smith on Adam Smith and the Human Enterprise