Der 300. Geburtstag von Adam Smith bot 2023 die Gelegenheit, sich ausführlich mit Leben, Werk und Nachwirkung des Gründers der modernen Ökonomik zu beschäftigen. Die acht Beiträge dieses Bandes bieten nicht nur einen ausführlichen Überblick über den aktuellen Stand der ökonomischen und...

The received view does not associate David Hume with the genesis of the labor theory of value, but as is argued here, Hume issued a number of key propositions that belong to the labor theory of value such that he rightly belongs to the classical school of political economy. Hume articulated both...

This paper examines the conceptual semantics of two keywords belonging to the English vocabulary of economics discourse, money and value (intended as exchangeable value of goods), as originally theorized by Adam Smith in Chapter IV of the Wealth of Nations. It is argued that a semantic...

Perhaps the most important and fundamental lesson of Adam Smith’s theory of jurisprudence for contemporary lawyers is that successful communities share a commitment to the rule of law and to the primacy of justice. As represented by the metaphor of the impartial spectator, the rule of law...

The great German mathematician David Hilbert famously identified 23 unsolved problems in mathematics in 1900. Following Hilbert’s example, this paper contributes to the literature on Adam Smith by identifying several unsolved problems involving the life and work of the great...

Adam Smith vigorously uses methodological individualism, but his individuals are radically social and entangled with each other. All social phenomena and institutions, for Smith, are not the product of any human wisdom, nor are they motivated by public spirit, but they are the unintended and...