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This document includes the Introduction and table of contents of a project: Think Spiral: Essays on Adam Smith. The Introduction has the following sections: (1) A Social Grammar(2) The Three Justices: Commutative, Distributive, and Estimative(3) The Liberal Program(4) The Theory of Moral...
Persistent link: https://www.econbiz.de/10013252390
On regular issues of policy reform—presupposing a stable integrated polity— Hume, Smith, and Burke were liberal in the original political meaning of “liberal.” Thus, on policy reform, although they accorded the status quo a certain presumption (as any reasonable person must), the more...
Persistent link: https://www.econbiz.de/10014101744
Knowledge has its counterpart in action, and your actions emerge from your normative calls in personal policy-making. On those two steps I propose to bring to the traditional Hayekian knowledge problem a prism of Smithian moral analysis. This approach perhaps sheds new light on the absurdities...
Persistent link: https://www.econbiz.de/10013106610
This text was the basis for a presentation of the book Knowledge and Coordination: A Liberal Interpretation (Oxford University Press, 2012). The lecture discusses the richness of knowledge, the distinction between concatenate and mutual coordination, and the relation of these to a liberal...
Persistent link: https://www.econbiz.de/10014170985
This paper explores concepts under a rubric termed “jural,” the meaning of which is differentiated from “legal.” Within the conceptualization of the modern nation-state, there are two categories of jural relationships. In the first, both parties have equal jural standing (equal-equal),...
Persistent link: https://www.econbiz.de/10013225756
We interpret Adam Smith on reputation, commutative justice, and defamation laws. We address two major questions. The first question concerns whether Smith thought that “one’s own” as covered by commutative justice included one’s reputation. Several passages point to the affirmative. But...
Persistent link: https://www.econbiz.de/10014104681
How is rule of law established? We address this question by exploring the causal effect of increases in fiscal capacity on the establishment of well enforced, formal, legal standards in a pre-industrial economy. Between 1550 and 1700 there were over 2,000 witch trials in France. Prosecuting a...
Persistent link: https://www.econbiz.de/10013113615
Holländer (1990) argued that when non-monetary social approval from peers is sufficiently valuable, it works to promote cooperation. Holländer, however, did not define the characteristics of environments in which high valued approval is likely to occur. This paper provides evidence from a...
Persistent link: https://www.econbiz.de/10014177046
What accounts for Sweden’s high COVID death rate among the Nordics? One factor could be Sweden’s lighter lockdown. But we suggest 15 other possible factors. Most significant are:(1) the “dry-tinder” situation in Sweden (we suggest that this factor alone accounts for 25 to 50% of Sweden's...
Persistent link: https://www.econbiz.de/10013215403
We provide a new framework to account for the diverging paths of political development and state building in China and Japan during the second half of the nineteenth century. The arrival of Western powers not only brought opportunities to adopt new technologies, but also fundamentally threatened...
Persistent link: https://www.econbiz.de/10014132189