Adam Smith’s ‘Wealth of Nations’ updated for climate challenge

Authors argue he would push for regulation to accelerate transition to low-carbon economy

14 November 2021 - 00:00 By Bloomberg

Three centuries before Glasgow hosted the COP26 conference aimed at mitigating climate change, it played host to Adam Smith, often credited as the “father of economics”.

Now, the past and the present are colliding as a group of economists publish a rethink of Smith’s most famous work, The Wealth of Nations, to reflect the modern challenge of a warming planet...

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