Vernon Smith received the Nobel Economics Prize in 2002 for his contribution to experimental economics. But his scholarship extends beyond that narrow field. Now 99 years old, he has a new book: Adam Smith’s Theory of Society (ASTS), that explores one of history’s most important works of moral philosophy, The Theory of Moral Sentiments (TMS). Reading ASTS, one learns not only about Adam Smith’s theory of society, but Vernon Smith’s, too.