In an article titled “The difference between private and public morality” Robert Reich states the “economy is built on a foundation of shared morality.”  So where is shared morality addressed among the precepts of our economic system? Though Reich notes, Adam Smith considered himself a moral philosopher—writing Theory of Moral Sentiments—I must add he also fashioned himself as a political economic philosopher by writing The Wealth of Nations.  The latter not the former book is the basis of our economic system.  And more to the point, the themes in these two works are far from being mutually supportive—they are as if penned by two separate individuals with different concerns—the former concerns ‘we’ and the later concerns ‘me’. Continue reading →