The paper aims at showing the neglected moral aspect of the market in Smith?s work. The first part provides a new interpretation of the natural price as a just price. In the second part it is claimed that free competition is an institutional framework best suited for fostering the virtues of...

Among the abundant literature devoted to Adam Smith's complete works, there has been a relative lack of interest in the Lectures on Rhetoric and Belles Lettres, especially from historians of economic thought. I want to show that this youth's work is essential in understanding Smith's conception...

A review essay on Phillipson's biography of Adam Smith.