Virtues and institutions in Smith: a reconstruction

by Emmanuel S. de Dios

I provide a formal explanation of the relationship between the virtues of prudence, justice, and benevolence described by Adam Smith in the Theory of moral sentiments and connect these with the themes Smith subsequently discusses in the Wealth of nations. I contend that the other-regarding concerns Smith discusses as internally held virtues in TMS are presumed addressed instead by formal mechanisms in the WN - particularly the third-party institutions of law and anonymous market exchange.

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Year of publication:	[2021]
Authors:	Dios, Emmanuel S. de
Publisher:	[Diliman, Quezon City] : [University of the Philippines School of Economics]
Subject:	Adam Smith Problem \| virtues \| institutions \| self-interest \| altruism \| Altruismus \| Altruism \| Theorie \| Theory \| Eigeninteresse \| Self-interest \| Institutionenökonomik \| Institutional economics \| Klassische Ökonomie \| Classical economics \| Ethik \| Ethics \| Wirtschaftsethik \| Economic ethics \| Ökonomische Ideengeschichte \| History of economic thought

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Extent:	1 Online-Ressource (circa 12 Seiten)
Series:	Discussion paper / University of the Philippines, School of Economics. - Quezon : [Verlag nicht ermittelbar], ZDB-ID 2190310-4. - Vol. no. 2021, 06 (October 2021)
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/266060 [Handle]
Classification:	B12 - Classical ; B15 - Historical; Institutional
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012655477