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The paper aims at showing the neglected moral aspect of the market in Smith?s work. The first part provides a new interpretation of the natural price as a just price. In the second part it is claimed that free competition is an institutional framework best suited for fostering the virtues of...
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Introduction -- Chapter 1: Schumpeter’s Assessment of Adam Smith and The Wealth of Nations: Why He Got It Wrong -- Chapter 2: Adam Smith's Rhetorical Strategy in The Wealth of Nations, against the Commercial System of Great Britain -- Chapter 3: The Nature and Causes of Corporate Negligence,...
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