Essay 5

How does Adam Smith conceptualize the “invisible hand” and the role of morality in self-interest?  Then, read Porter and Russell’s New York Times article. Based on the other readings on Smith, how would he react to the consistent problem of income inequality in the contemporary period?

NYT article: https://www.nytimes.com/interactive/2017/12/14/business/world-inequality.html (Links to an external site.)

Guidelines:

• Font style: Times New Roman; Font size: 12
• 1-inch margins on all sides of the document
• 2-3 pages long (double-spaced), with a separate reference page.
• APA citation or Chicago style citation throughout the text (in-text citations) and on the Reference page. Please visit the OWL Purdue website for detailed instructions on citation. the  (Links to an external site.)
• Failure to cite any materials used will result in an automatic zero for the assignment.
• Do not include any direct quotes in the writing assignments.
• File uploads to Canvas will have to be in either Microsoft Word (.doc, .docx) or PDF (.pdf) formats.

Readings: 

https://plato.stanford.edu/entries/smith-moral-political/