Showing 1 - 10 of 20
This contribution advances a critical examination of Smith’s thought in theological perspective, with a point of departure in a recent interpretation of the "invisible hand." We show that the concept of general providence has displaced traditional understandings of special providence in the...
Persistent link: https://www.econbiz.de/10012887415
Purpose Is there a secret recipe for economic growth? Design/methodology/approach No, there is no recipe, but we can extrapolate some pieces of advice from Adam Smith. Findings An economy can leave behind its "dull" stagnant state and grow when its markets expand, when the productivity of its...
Persistent link: https://www.econbiz.de/10015130670
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...
Persistent link: https://www.econbiz.de/10014632169
Using Adam Smith’s notion of an 'invisible hand', this extraordinary contribution identifies dogmatic versus pragmatic views of free markets. Published posthumously, with new contributions by Rod O’Donnell, Daniel B. Klein and Christopher Torr, this book outlines Mittermaier’s main thesis...
Persistent link: https://www.econbiz.de/10013498936
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...
Persistent link: https://www.econbiz.de/10014632101
Adam Smith war nicht nur einer der Begründer der Nationalökonomie, sondern auch Moralphilosoph, der in Vorlesungsmitschriften erhaltene Lectures on Jurisprudence hielt. Sein Vorhaben, eine umfassende Theorie des Rechts zu verfassen, konnte er nicht mehr verwirklichen und ließ von seinen...
Persistent link: https://www.econbiz.de/10015203062
As with many philosophers of the modern period, Smith's thought was highly influenced by the advent of modern, Newtonian physics as well as by the so-called mechanistic worldview. However, the adoption of this theoretical paradigm leads to an aporia, i. e., to a fundamental problem, within...
Persistent link: https://www.econbiz.de/10015423459
In the Theory of Moral Sentiments, Smith argued against the account of human nature which views moral sentiments as deriving from self-love. This paper emphasises that Smith's understanding of human nature was not that it was either selfish or benevolent. Human nature consists of the ability to...
Persistent link: https://www.econbiz.de/10015423462
Commentators often follow David Ricardo in looking, especially, at chapters Vand VI of Book I of Adam Smith's Wealth of Nations as the place to find his theory of value. And most commentators attribute to Adam Smith some versions of a labor theory of value. But in those chapters, Smith is...
Persistent link: https://www.econbiz.de/10015423464
Based on some of Carl Menger's publications, his estate and archives, this article examines how the Austrian School relates to the thought of Adam Smith. Was Menger an heir of Smith, as Gustav Schmoller, leader of the German Historical School and Menger's arch-enemy, insinuated? Was there indeed...
Persistent link: https://www.econbiz.de/10015423473