21st CENTURY THEORY of
In 1759 The Theory of Moral Sentiments was published by Scottish philosopher Adam Smith (1723-1790). It provided the foundations for his later work including his Inquiry into the Nature and Causes of the Wealth of Nations (usually referred to as just the Wealth of Nations). He advised that all readers of the later work should first read his early work, but many never did. As a result, much of his thinking has been misunderstood. Other chose to deliberately misinterpret his work in order to use it in support of their own ideologies.
Now, 261 years on, it is safe to say much has changed. We therefore think it is time to create a 21st Century Theory of Moral Sentiments, to establish the foundations of our other inquiries including our Inquiry into the Nature and Causes of the Prosperity of Nations.
All our inquiries it will be global, open, multi-disciplinary and research-based. This inquiry will also be large in scale and long-term, with ongoing period reviews once published. An advisory panel is currently being formed to oversee the design of the inquiry.