Virtue and vice

Adam Smith underscores the importance of institutional support for natural liberty in The Theory of Moral Sentiments. In discussing character, virtue and vice, he writes:

Vice is always capricious: virtue only is regular and orderly.

In a previous post I described the discussion of TMS by Russ Roberts and Dan Klein over at EconTalk. I recommend a listen - this investment in time will really deepen your appreciation of Smith.

EconTalk Book Club

Dan Klein and Russ Roberts offer a six-part podcast series reading and discussing The Theory of Moral Sentiments (TMS), by Adam Smith.

See the List of TMS Podcasts below for the complete set of podcasts. See also the Links to the Book for various online, in-print, audio, and other media formats for the book.

If you would lik