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Hello, I'm Linda Yu, economist broadcaster, and the author of the great economists how their ideas can help us today.

Welcome to this week's Intelligence Squared Podcast.

You can sign up for regular updates about podcasts and other events at

intelligence squared dot com. I'm here with Jesse Norman MP for Hereford and

South Herefordshire and author of Adam Smith what he thought and why it matters.

So Jesse we have to start with why Adam Smith. Well, you will know this as well as I do, probably better having written a book about the great economists yourself.

I start with Adam Smith as well, I should immediately say it.

No, no, exactly. I mean why Smith? Not because there was no economics before

Adam Smith, because there was a lot of economics before Adam Smith and if you think about names

like Josiah Tucker or William Petty or Richard Cantillon or even John Law or any of the great figures of the 17th and early 18th century.

...