Nicola Sturgeon on The Legacy of Adam Smith @ #INET2017

The video discusses the legacy of Adam Smith, highlighting how his ideas are often misrepresented by ultra free market supporters. It emphasizes that while Smith acknowledged personal interest as a motivator, he also believed that an economy cannot thrive with widespread poverty and inequality. The video connects these ideas to modern economic thinking in Edinburgh, showing how Smith's legacy continues to influence contemporary economic ideas.

In what ways does the speaker believe new economic thinking reflects traditions in Scotland?

What is the significance of recognizing Adam Smith's legacy in contemporary economic discussions?