Dan Klein on The Theory of Moral Sentiments, Episode 3--A Discussion of Part II

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4.7 • 4.3K Ratings

🗓️ 22 April 2009

⏱️ 63 minutes

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Summary

This is the third podcast in the EconTalk Book Club discussion of The Theory of Moral Sentiments by Adam Smith. In this episode, Dan Klein of George Mason University and EconTalk host Russ Roberts discuss Part II of the book.

Transcript

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0:00.0	Welcome to Econ Talk, part of the Library of Economics and Liberty.
0:12.5	I'm your host Russ Roberts of George Mason University and Stanford University's Hoover
0:17.3	Institution.
0:18.7	Our website is econtalk.org, where you can subscribe, find other episodes, comment on this podcast,
0:25.8	and find links to other information related to today's conversation.
0:29.9	Our email address is mailadicontalk.org, we'd love to hear from you.
0:38.2	Welcome to the third episode of the Econ Talk Book Club on the Theory of Moral Sentiments,
0:42.7	by Adam Smith.
0:44.4	With Dan Klein of George Mason University, today's podcast is on part two of the book.
0:51.2	Go to econtalk.org slash bookclub.html to find an online version of the book, how to
0:56.6	buy the book if you want a hard copy and other resources along with links to the previous
1:00.9	episodes.
1:01.9	Dan, thanks for being part of the book club again.
1:05.7	Thank you.
1:06.7	So our goal today is to discuss part two.
1:10.2	What is part two about?
1:12.5	Part two of merit and de-marit or of the objects of reward and punishment consisting of three
1:18.0	sections, first section of the sense of merit and de-marit.
1:26.1	So these merit and de-marit go look at consequences and effects of actions as well as the motives.
1:34.3	A little later, in a few pages, he explains that these notions of merit and de-marit in
1:41.5	particular gratitude and resentment, gratitude for merit, resentment for de-marit are what
1:47.3	he calls compounded sentiments because the action that one is grateful for, let's say Jim
	...

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