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Discusses some of the differences between Adam Smith’s The Wealth of Nations and his earlier work The Theory of Moral Sentiments. Gives an account of what Smith primarily intended by these works, i.e. to resolve the values conflict ‐ that of natural liberty versus traditional, conservative virtues. Identifies the ideas and cultures which influenced Smith in his writing; defines the thematic structure of The Wealth of Nations and describes and evaluates the arguments behind Smith’s resolution of the values conflict as detailed in his work.

There is no shortage of literature concerning the life and times of J. M. Keynes. Distinguished examples over the past couple of decades are Peter Clarke's (1988) account of Keynes's battles with the Treasury in the 1920s and 1930s, a study by Moggridge (1992), and Skidelsky's (1983, 1992, 2000) monumental three-volume biography, reissued in a single, abridged version (2003).