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Session 09: Adam Smith & Capitalism

SESSION 9: Dr. David McClough— Adam Smith & Capitalism
Date: February 9th, 2011
Location: Dicke Forum
Time: 7:00 P.M.

Summary:  Wednesday, February 9th, 2011, Dr. McClough presented a fairly entertaining, albeit historically inaccurate discussion concerning Adam Smith and his economic principles.  Dr. McClough structured his talk to mirror the interests of people involved in the social sciences.  By providing historical context like the intellectual, political, and economic climates surrounding Adam Smith, McClough showed how Smith came to the economic conclusions for which he is famous.  Mcclough also presented Adam Smith as a controversial figure, and he attempted to determine whether Smith was an extreme radical, or a conservative.  Dr. McClough allowed historians to see into the life of Smith: his biographical information, contributions to humanity, and his legacy.  He showed the cause and affect of technology and innovations, as well as the emergence of the merchant class and physiocrats.  Through Dr. McClough's colorful presentation of Smith and the concepts of capitalism, attendees gained impressive insights into the life of a man who altered the accepted rules of economics for the better.

To access the recording of this session, click here.

Dr. David McClough

PhD - University of Southern California