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Saving Adam Smith: A Tale of Wealth, Transformation, and Virtue by Jonathan B. Wight

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Chapter 2 Higher and Deeper

Professor Robert Allen Lattimer, holder of the Adam Smith Chair in Economics, sat across the table from me at the Old Ebbett Grill in downtown Washington, D.C. Lattimer carried himself with the dignity of his exalted position, reaching six feet two inches toward the ceiling, with erect posture and closely cropped gray hair. The buzz cut gave him the rugged bearing of a military man, and his extreme devotion to punctuality and schedules fit the image.

As he often did, Lattimer hopped the shuttle from his academic post in Boston to consult with movers-and-shakers in the nation's capital. This time it was across the street at the Treasury Department, where the Indonesian default crisis was the topic du jour. Since Hearst ...

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