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Adam Smith and Conservative Economics

Emma Rothschild
The Economic History Review
New Series, Vol. 45, No. 1 (Feb., 1992), pp. 74-96
Published by: Wiley on behalf of the Economic History Society
DOI: 10.2307/2598329
Stable URL: http://www.jstor.org/stable/2598329
Page Count: 23
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Adam Smith and Conservative Economics
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Abstract

The article considers Adam Smith's reputation in England and France in the decade following his death in 1790. It looks at Smith's renown as one of the inspirations of the French Revolution; at the effort of Dugald Stewart to defend his memory by redefining his view of freedom; and at the policy disputes about scarcity in which Smith was first invoked as a conservative thinker. It suggests that Smith's 'real sentiments' were close to those of Condorcet and French reformers.

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