PJ O'Rourke maintains that the writings of Adam Smith are still important, especially his lesser known work The Theory of Moral Sentiments, which shows why enlightened self-interest does not equate to selfishness.
Interviewer Paul Comrie-Thomson also questions PJ about classic American cars, rock and roll, and the European adulation of Barack Obama.
Continue here (Transcript of original broadcast on ABC Radio National's Counterpoint on 20 April 2009)