About this episode

This episode explores the misinterpretation of Adam Smith's ideas in the context of modern political ideologies.

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.

People in this episode

Hosts: Freakonomics Radio, Stitcher

Topics covered

• economics
• politics
• free-market ideology
• left vs right
• Adam Smith

Keywords

• Adam Smith
• economics
• politics
• free-market
• ideology
• left
• right

More episodes of Freakonomics Radio

• 674. How Does a Composer Feel After the World Premiere? · May 8, 2026 · 45 min

Explore listener stats, chart rankings, contacts and more on the Freakonomics Radio podcast page.