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Summaries and Commentaries

Chapter 1: Introduction

The subject of The Worldly Philosophers, the great economists, covers those theorists whose words and thoughts concerning the creation and distribution of wealth have had a major impact on society. Indeed, these men have swayed and shaped the world. The title of the book comes from their common interest: the human drive for worldly wealth. From this compulsion is derived the concept of worldly philosophers. Surprisingly, these economists did not appear on the scene of world events until long after the advent of history, philosophy, science, politics, art, and statecraft. They began in the latter part of the eighteenth century with the work of Adam Smith.

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