Minding the Gaps: Reality, Theory, and Policy in Adam Smith.

The article explains Adam Smith's book "The Wealth of Nations" as a theoretical treatise and political tract. Topics discussed include the gap between political economic analysis and practical matters of politics or economic policy, Smith's liberal plan and his concern with political feasibility, th...

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Publicado en:Independent Review Vol. 30; no. 4; pp. 591 - 602
Autor principal: MATSON, ERIK W.
Formato: Artículo
Publicado: Independent Institute Spring2026
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Minding the Gaps: Reality, Theory, and Policy in Adam Smith.
      aug:
        au: MATSON, ERIK W.
        affil:
          Senior research fellow at the Mercatus Center, George Mason University
          Lecturer at the Busch School of Business, Catholic University of America
      su:
        Smith, Adam, 1723-1790
        Wealth of Nations, The (Book : Smith)
        Sociology
        Liberalism
        Economic policy
        Philosophy of economics
        Balance of trade
        Political economic analysis
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        subj:
          Sociology
          Liberalism
          Economic policy
          Philosophy of economics
          Balance of trade
          Political economic analysis
          Wealth of Nations, The (Book : Smith)
          Smith, Adam, 1723-1790
      ab: The article explains Adam Smith's book "The Wealth of Nations" as a theoretical treatise and political tract. Topics discussed include the gap between political economic analysis and practical matters of politics or economic policy, Smith's liberal plan and his concern with political feasibility, the gap between economic theory, policy and reality, sociological and psychological dimensions of theory, the merchant theory of balance of trade, and sociological aspects of inquiry.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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