Capitalism and Economic Justice: Adam Smith’s Wealth of Nations at 250
October 22-23, 2026 | Murray Function Room, Yawkey Center |
2026 marks the 250th anniversary of one of the seminal texts of modern thought: Adam Smith’s Wealth of Nations. The Wealth of Nations has often been credited as one the founding texts of the modern social science of economics, as well as the specific economic ideology that we today call capitalism. But how does Smith’s vision of economics compare to how we understand economics today? And further: what relevance if any does his vision of economic life have in our own age – an age of increasing concern about ever-growing economic inequality, the marginalization of the poor, and the rise of economic nationalism?
This conference brings a distinguished group of scholars to Boston College for a series of public discussions of these questions. It specifically brings together leading scholars from two different worlds: distinguished specialist scholars of Adam Smith’s thought, and distinguished experts on Catholic Social Thought. In gathering these two groups we hope to begin to open up some of the underappreciated and underexplored overlaps among these two groups.
On the Smith side, specialist scholars over the past thirty years have successfully exploded the long-standing myth that Smith was a champion of greed and selfishness, and indeed have convincingly demonstrated (to the point of it now becoming the mainstream view among scholars) that Smith’s moral defense of commercial society rests specifically on its capacity to materially benefit the least well-off. On the CST side, during this same period (and indeed at least since Centesimus Annus), there has been widespread recognition of the need to create and sustain political and economic structures capable of securing individual rights and promoting the recognition of human dignity and the alleviation of poverty.
Capitalism and Economic Justice is grateful for the generous support of the Institute for Liberal Arts, the Clough Center for the Study of Constitutional Democracy, and the J. Joseph Moakley Chair in Political Science.
Schedule and RegistrationThursday, October 22, 2026 | Murray Function Room, Yawkey Center | |
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| 10:00 AM-12:00 PMÂ | SMITH SCHOLARS PANELÂ
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| 2:00 PM-4:00 PM | THEOLOGIANS PANEL
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| 4:30 PM-5:45 PM | PLENARY LECTURE #1Â
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| 5:45 PM-6:30 PM | RECEPTION |
Friday, October 23, 2026 | Murray Function Room, Yawkey Center | |
| 10:00 AM-11:00 AM | MODERATED CONVERSATION #1ÂModerator: Ryan Hanley, Boston College, Political Science |
| 11:00 AM-12:00 PM | MODERATED CONVERSATION #2ÂModerator: Francis Garcia, Boston College Law School |
| 2:00 PM-3:00 PM | MODERATED CONVERSATION #3ÂModerator: Stephen Pope, Boston College, Theology |
| 3:00 PM-4:00 PM | MODERATED CONVERSATION #4ÂModerator: Kerry Cronin, Boston College, Philosophy |
| 4:30 PM-5:45 PM | PLENARY LECTURE #2Â
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Benjamin M. Friedman
Benjamin M. Friedman is the William Joseph Maier Professor of Political Economy, and formerly Chairman of the Department of Economics, at Harvard University. He joined the Harvard faculty in 1972.
Mr. Friedman is the author of Religion and the Rise of Capitalism (Knopf, 2021), a fundamental reassessment of the foundations of current-day economics showing how religious thinking has shaped economic thinking ever since the beginnings of modern Western economics and how this influence continues to be at work today especially in the United States, and The Moral Consequences of Economic Growth (Knopf, 2005), an explanation of how rising living standards foster positive developments in the social, political and moral character of a society. His two other books for a general audience have been Day of Reckoning: The Consequences of American Economic Policy Under Reagan and After (Random House, 1988) and Religious Influences on Economic Thinking: The Origins of Modern Economics (MIT Press, 2024).
In addition to these works for the general public, Mr. Friedman has also written and/or edited eleven other books, and more than 175 articles in professional journals, aimed primarily at economists and economic policymakers. Much of this work has focused on economic policy, and in particular the role of the financial markets in shaping how monetary and fiscal policies affect overall economic activity. Specific subjects of this work have included the effects of government budget deficits, guidelines for the conduct of U.S. monetary policy, and appropriate policy actions in response to crises in a country's banking or financial system. Mr. Friedman has also been a frequent contributor to publications reaching a broader audience, including especially The New York Review of Books.
Mr. Friedman's current professional activities include serving as a director of the Private Export Funding Corporation and a trustee of the Pioneer Funds. For many years he was also a director of the Encyclopaedia Britannica and of the Council for Economic Education. He is a fellow of the American Academy of Arts and Sciences and a member of the Council on Foreign Relations.
Mr. Friedman received the A.B., A.M. and Ph.D. degrees in economics from Harvard University; during his graduate study at Harvard he was a Junior Fellow of the Society of Fellows. He also received the M.Sc. degree in economics and politics from King's College, Cambridge (U.K.), where he studied as a Marshall Scholar. Among other distinctions, he has received the George S. Eccles Prize for excellence in writing about economics; the John R. Commons Award, given every two years in recognition of contributions to economics; and the Medal of the Italian Senate.
Jennifer A. Herdt
Jennifer A. Herdt is Gilbert L. Stark Professor of Christian Ethics at Yale University's Divinity School. She is the author, most recently, of Assuming Responsibility: Ecstatic Eudaimonism and the Call to Live Well (Oxford, 2022). Her 2019 book, Forming Humanity: Redeeming the German Bildung Tradition (Chicago) was supported by a research fellowship from the Alexander von Humboldt Foundation. She is also the author of Putting On Virtue: The Legacy of the Splendid Vices (Chicago, 2008) (selected as a Choice Outstanding Academic Title), and of Religion and Faction in Hume's Moral Philosophy (Cambridge, 1997), and has published widely on virtue ethics, early modern and modern moral thought, and political theology.
She serves on the editorial boards of the Journal of Christian Ethics, Studies in Christian Ethics, and the Journal of Religion, and served as the 2020 President of the Society of Christian Ethics. Her forthcoming book, The Great Wheel of Being: Ethics Beyond the Human (Yale, 2026) flows from a $3.9M, 3-year collaborative grant from the Templeton Foundation supporting projects in science-informed theological anthropology (2020–2023). From 2013-2021, she served as the academic dean of Yale Divinity School, and is now Senior Associate Dean for Faculty Affairs.
Elena Conis, PhD
Elena Conis is a historian of science and medicine whose research focuses on scientific controversies, science denial, and the public understanding of science. She is the author of How to Sell a Poison: The Rise, Fall, and Toxic Return of DDT, which received the 2024 William H. Welch Medal and was a finalist for the 2023 National Association of Science Writers Book Award; Vaccine Nation: America's Changing Relationship with Immunization, which received the 2015 Arthur J. Viseltear Award; and, with Aimee Medeiros and Sandra Eder, Pink and Blue: Gender, Culture and the Health of Children.
Her current book project, Measles: Truth and History, is under contract with Polity Press. Her research has been supported by the National Endowment for the Humanities, the National Institutes of Health/National Library of Medicine, and the Science History Institute. She is also a recipient of a 2026 Guggenheim Foundation Fellowship.
Conis is currently Professor and North Gate Chair, and former Interim Dean, of U.C. Berkeley Journalism. She is an affiliate of Berkeley's History Department, Media Studies Program, and Center for Science, Technology, Medicine, and Society, and UCSF's Department of Humanities and Social Sciences. Before coming to Berkeley, she was a professor of history and the Mellon Fellow in Health and Humanities at Emory University and an award-winning health columnist and reporter for the Los Angeles Times.
Maria Alejandra Carrasco Barraza
Maria Alejandra Carrasco Barraza is Professor in the Faculty of Philosophy and Humanities in the University of the Andes (Santiago), and previously taught in the Pontificia Universidad Católica de Chile and the Universidad Adolfo Ibáñez. A specialist on the moral philosophy of Adam Smith and the Scottish Enlightenment, her recent articles include "Subsidiarity and Solidarity in Adam Smith's Free Society," Erasmus Journal for Philosophy and Economics (2026), "Sympathy and the Wealth of Nations," Social Philosophy and Policy (2025), and "'Loving Attention' in Murdoch, Smith, and the Ethics of Care," CR: The New Centennial Review. Her work on Adam Smith has also appeared in the Journal of Scottish Philosophy, The Review of Metaphysics, British Journal for the History of Philosophy, and the Revue internationale de philosophie.
Daniel K. Finn
Daniel K. Finn is Emeritus Professor of Economics and Theology in St. John's University and the College of St. Benedict. His areas of interest include ethics and economics, morality and markets, power in Catholic social thought, and ethics and international trade. He is a former president of the Catholic Theological Society of America, the Society of Christian Ethics, and the Association for Social Economics. He led a successful affordable housing campaign among five cities in central Minnesota and has lectured in more than twenty nations in Latin America, Europe, and Asia.
He is the author of Faithful Economics in 25 Short Lessons (Fortress Press, 2021) and Consumer Ethics in a Global Economy: How Buying Here Causes Injustice There (Georgetown, 2019), and the editor of Business Ethics in Catholic Social Thought (Georgetown, 2021), Moral Agency within Structures and Culture: A Primer on Critical Realism for Christian Ethics (Georgetown, 2020), and Empirical Foundations of the Common Good: What Theology Can Learn from Social Science (Oxford, 2017).
Samuel Fleischacker
Samuel Fleischacker is LAS Distinguished Professor in the Philosophy Department at the University of Illinois-Chicago. He studied at Yale University, receiving his PhD in 1989. He works in moral and political philosophy, the history of moral and philosophy, and the philosophy of religion. Among the issues that have particularly interested him are the moral status of culture, the nature and history of liberalism, the relationship between moral philosophy and social science, and the relationship between moral and religious values.
His publications include The Ethics of Culture (Cornell, 1994), A Third Concept of Liberty (Princeton, 1999), On Adam Smith's Wealth of Nations: A Philosophical Companion (Princeton, 2003), A Short History of Distributive Justice (Harvard, 2004), Divine Teaching and the Way of the World (Oxford, 2011), What Is Enlightenment? (Routledge, 2012), The Good and the Good Book (Oxford, 2015), and Being Me Being You: Adam Smith and Empathy (Chicago, 2019). Professor Fleischacker has been a Fellow of the Center for Advanced Study in the Behavioral Sciences at Stanford, the University Center for Human Values at Princeton, and the Institute for Advanced Study in the Humanities at Edinburgh University. He taught previously at Williams College.
Gordon Graham
Gordon Graham is Emeritus Professor of Philosophy and the Arts at Princeton Theological Seminary, Chair of the Edinburgh Sacred Arts Foundation, and a Fellow of the Royal Society of Edinburgh, Scotland's premier academy of science and letters.
Born in Ireland and educated in Ireland, Scotland and England, he taught philosophy in Scotland at the University of St Andrews (from 1975-95). He was Regius Professor of Moral Philosophy at the University of Aberdeen (from 1996-2006) before taking up his post as Henry Luce III Professor of Philosophy and the Arts at Princeton Theological Seminary (2006-18). He has published extensively on a wide range of philosophical topics relating to art, education, ethics, politics, religion, and technology. He has a special interest in the Scottish philosophical tradition, and was founding Editor of the Journal of Scottish Philosophy. From 2007-2018, he was Director the Center for the Study of Scottish Philosophy at Princeton. In 2021, he was honoured with the 'Life Time Achievement Award' of the Eighteenth-Century Scottish Studies Society. From 2008-2015 he was Director of The Abraham Kuyper Center for Public Theology, and headed the Theology dimension of the Varieties of Understanding Project which ran from 2013-16.
An Anglican priest ordained in the Scottish Episcopal Church, he was licensed in the Episcopal Diocese of New Jersey from 2007-2018, and now serves in the Diocese of Edinburgh. In 1990 he was Sheffer Visiting Professor of Religion at The Colorado College, and in 2005 Stanton Lecturer in Philosophy and Religion at the University of Cambridge.
Gordon Graham was Director of the St Andrews University Music Centre from 1991-5, taught as an Adjunct Professor of Sacred Music at the Westminster Choir College in 2010-12, and since 2018 has directed the Edinburgh Festival of the Sacred Arts in the Fringe. He has written several texts for hymns and anthems. Two, set to music by the composer Paul Mealor -- 'Lux benigna' and 'Anthem to St David' -- have been published by Novello.
Charles L. Griswold, Jr.
Charles L. Griswold, Jr. is Professor Emeritus of Philosophy at Boston University. Before coming to Boston University in 1991, he taught at Howard University and has held visiting appointments at the Université de Paris 1 Panthéon-Sorbonne (in 2004) and Yale University (in 1996, as Olmsted Visiting Professor). In 2010 he was appointed Borden Parker Bowne Professor of Philosophy at Boston University. His teaching and research have addressed various themes, figures, and historical periods.
Griswold is the author of multiple books and articles, including Jean-Jacques Rousseau and Adam Smith: A Philosophical Encounter (Routledge, 2018), Forgiveness: A Philosophical Exploration (Cambridge, 2007), Adam Smith and the Virtues of Enlightenment (Cambridge, 1999), and Self-Knowledge in Plato's Phaedrus (Yale, 1986). His current project is a series of philosophical ruminations and conversations in podcast form on such topics as wonder, walking in nature, solitude, self-delusion, aging, philosophy, religious faith, and perfection(ism). The podcast is meant to be accessible, open-ended, and Socratic in spirit. It is titled "Philosophy on the Way" and is now available on Apple Podcasts and Spotify.
Christine Firer Hinze
Christine Firer Hinze is Professor of Theological and Social Ethics in the Department of Theology. She has served as department chair (2020-2024), and as Director of Fordham's Francis and Ann Curran Center for American Catholic Studies (2010-2020). She holds a BA in religion and an MA in theology from the Catholic University of America, and a PhD in Christian social ethics from the University of Chicago. Her teaching and research focus on foundational and applied issues in Christian social ethics with special emphasis on the dynamics of social transformation, Catholic social thought, and economic and work justice for vulnerable women, families and groups.
She is the author of Comprehending Power in Christian Social Ethics (Oxford, 1995), Glass Ceilings, Dirt Floors: Women, Work, and the Global Economy (Madeleva Lecture Series, Paulist Press, 2015), co-editor (with J. Patrick Hornbeck) of More Than A Monologue: Sexual Diversity and the Catholic Church, vol 1: Voices of Our Times (Fordham, 2014), Radical Sufficiency: Work, Livelihood, and A U.S. Catholic Economic Ethic (Georgetown, 2021), and has published scores of scholarly essays in books and in journals such as Theological Studies, The Journal of the Society of Christian Ethics, The Journal of Catholic Social Thought, and Studies in Christian Ethics.
D. Stephen Long
D. Stephen Long is Cary M. Maguire University Professor of Ethics at Southern Methodist University. He previously taught at Marquette University 2007-2015, Garrett Evangelical Theological Seminary 1998-2007, and St. Joseph's University, Philadelphia 1995-1998. He served as director of continuing education at Duke Divinity School 1990-1995. He received a bachelor's degree from Taylor University and master's and PhD from Duke.
He works in the intersection between theology and ethics and has published over fifty essays and twenty books including Divine Economy: Theology and the Market; Christian Ethics: Very Short Introduction; The Perfectly Simple Triune God; Augustinian and Ecclesial Christian Ethics; Truth-Telling in a Post-Truth World; The Art of Cycling, Living, and Dying; The Routledge Companion to Christian Ethics with Rebekah Miles; On Teaching and Learning Christian Ethics (Georgetown, 2024) and A Theological Economy: The Legacies of Adam Smith and St. Paul (T & T Clark, forthcoming). He is ordained in the United Methodist Church and served churches in Roatan, Honduras, Apex, North Carolina, Milwaukee, Wisconsin, and regularly preaches and presides at Cox Chapel, Dallas.
Christina McRorie
Christina McRorie is Associate Professor of moral theology at the Boston College Clough School of Theology and Ministry. Her research is in the areas of fundamental moral theology and Catholic social thought, and takes up questions about how our moral agency and character relate to our social contexts, including within markets. In 2026, she published The World of Markets: A Theology of Moral Agency in Economic Life, which engages economic research on decision-making in markets to identify the conditions under which markets support our growth in character, and under which they do the opposite. The World of Markets approaches this through the lens of Catholic reflection on "the world," ultimately describing markets as ambiguous worlds that mediate both sin and grace through their influences on our moral agency.
Christina has served on the board of directors of the Society of Christian Ethics, and on the editorial boards of the Journal of Moral Theology and the Journal of Catholic Social Thought. Starting in 2027, she will serve as co-editor of the Journal of the Society of Christian Ethics. In 2026, she joined the North American AI Research Group sponsored the Vatican's Dicastery for Culture and Education, for a project focused on AI and labor.
Christina received her doctorate from the University of Virginia in 2016, and before joining Boston College she taught at Creighton University for seven years. From 2020 to 2023 she was a Research Fellow in the Collaborative Inquiries in Christian Theological Anthropology project funded through the John Templeton Foundation. She also has experience leading low-income financial empowerment programming, including two years coordinating volunteer tax preparation sites with the Boston EITC Coalition.
Martin Schlag
Martin Schlag is Professor and Holder of the Alan W. Moss Endowed Chair for Catholic Social Thought and Co-director of the Terrence J. Murphy Institute for Catholic Thought, Law, and Business at the University of St. Thomas. Schlag's research focuses on the tradition of Catholic social thought in political and economic questions. Specifically, he studies how the Christian faith over the centuries related to markets, trade and exchange, money and interest, and private property and social justice. The focus is on how to promote principled business leadership for the common good and to overcome poverty by including the poor into the market economy.
His research is published in a series of books and chapters in edited books, including The Business Francis Means: Understanding the Pope's Message on the Economy (Catholic University of America, 2017). Many of them are the fruit of conferences he has organized in various parts of the world. His experience as a consultant to the Pontifical Council for Justice and Peace in Rome has given him a unique insight into social and human challenges worldwide.
Campus Map and Parking:
Parking is available at the nearby Beacon Street and Commonwealth Avenue Garages.
Boston College is also accessible via public transportation (MBTA B Line - Boston College).
