Praise for Who's Afraid of Adam Smith? "For over two decades as a book editor, Peter Dougherty has brought to the marketplace superb books on economics. Now he has written one of his own. He starts off with the insights of Adam Smith?not just the Adam Smith of The Wealth of Nations with his praise of the free market, but also the Adam Smith of A Theory of Moral Sentiments?who understood that free markets could only flourish in societies with generous amounts of social capital and strong institutions of civil society. Drawing on the work of contemporary economists, Dougherty shows how countries developed and undeveloped can create the moral climate and public institutions in which markets can thrive." ?Michael Barone, Senior Writer, U.S. News & World Report, McLaughlin Group panelist, and author of The New Americans "In Who?s Afraid of Adam Smith? Peter Dougherty has written a fascinating book that not only shows that economics is as much about...

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