The traditional characterization of Adam Smith as an “absent-minded professor” cannot stand. Smith was, instead, worldly, worldly-wise, and street-smart. To fit this description, Smith should be ambitious and eager to display his geniusstating his priority over ideas and knowing how to be seen. But this visibility had to be accompanied by an awareness of social relationships and respect for social constraints. He had to be conscious of politics, willing to use connections, while exhibiting some independence. He had to display practical sense, have good judgement about others and the ability to get things done. To be worldly he should also enjoy the finer aspects of life and take a cosmopolitan attitude. All these attainments require money, allowing one to indulge in luxury. Ambition, discipline, practical sense, pleasure, and the enjoyment of riches. This article shows that all of these describe Adam Smith.
Other Independent Review articles by Salim Rashid | |
Winter 2005/06 | Watchman, Who Watches Thee?: Donors and Corruption in Less-Developed Countries |
Summer 1997 | The Ambitious, Accommodative Adam Smith |