David Warsh takes on Duncan Foley

In Economic Principals, Warsh reviews Duncan Foley's new book, Adam's Fallacy: A Guide to Economic Theology. (hat tip to Mark Thoma):

Foley dwells entirely on what economists have managed to make so far of The Wealth of Nations, and gives short shrift to Smith's other book, The Theory of Moral Sentiments, and to the relationship of the one to the other.

He wouldn't be the first. Nor, I fear, the last.

As they say, read the whole thing. Also, Mark Thoma links to these Brad DeLong posts which include a rejoinder from Foley.