Abstract

Thanks to several recent studies, we now understand better than ever the place that virtue has in Smith’s larger economic and political system, the sources on which he drew in developing his theory of virtue, and the ways in which his theory of virtue can contribute to illuminating various debates in contemporary ethical theory. In what follows I touch on each of these themes. My principal goal, however, is to provide a reconstruction of the essential elements of Smith’s theory of virtue in a manner that might be of use to those working on each of these fronts, as well as others.