David J. Teece, BRG’s chairman and principal executive officer, joins Michael Whalen for a conversation near the first anniversary of 2019’s New Enlightenment conference held at Adam Smith’s Panmure House in Edinburgh, Scotland. Dr. Teece discusses the history of Adam Smith, also known as the father of capitalism and economics, and how Smith’s paradigms of international economics are directly challenged with the surge to prominence of a very different model pursued by China.