Freakonomics Radio
Freakonomics Radio

Was Adam Smith Really a Right-Winger? (Update)

May 06, 2026 · 1h 8m

Economists and politicians have turned him into a mascot for free-market ideology. Some on the left say the right has badly misread him. In this updated replay of a 2022 episode, we hold a very Smithy tug of war. SOURCES: Eamonn Butler , co-founder and director of the Adam Smith Institute. Glory Liu , a political scientist and Adam Smith scholar at Georgetown University. Mariana Mazzucato , professor in the economics of innovation and public value at University College London. …

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