All Posts Tagged With: "The Theory of Moral Sentiments"
Adam Smith Reveals His (Invisible) Hand
“Adam Smith had one overwhelmingly important triumph: he put into the center of economics the systematic analysis of the behavior of individuals pursuing their self-interest under conditions of competition.”—George Stigler (emphasis added) Critics of laissez faire—from Cambridge economic historian Emma Rothschild to British Labor Party leader Gordon Brown—have recently attempted to wrestle Adam Smith out [...]
21Apr2011 | Mark Skousen | 2 comments | ContinuedBook Reviews – January 2008
- The Cure: How Capitalism Can Save American Health Care
by David Gratzer Reviewed by Jane M. Orient
- Self-Determination: The Other Path for Native Americans
Edited by Terry L. Anderson, Bruce L. Benson, and Thomas F. Flanagan Reviewed by William L. Anderson, Jr.
- The Wal-Mart Revolution
by Richard Vedder and Wendell Cox Reviewed by George Leef - On the Wealth of Nations
by P.J. O’Rourke Reviewed by Raymond J. Keating
Book Reviews – November 2003
Adam Smith’s Marketplace of Life by James R. Otteson Cambridge University Press • 2002 • 338 pages • $70.00 hardcover; $26.00 paperback Reviewed by Robert Batemarco One of the puzzles confronting students of the history of economic thought is the apparent inconsistency of the two masterworks of Adam Smith: The Theory of Moral Sentiments and An Inquiry into the Nature and [...]
1Nov2003 | FEE Admin | 0 comments | ContinuedEconomic Sentiments: Adam Smith, Condorcet, and the Enlightenment
There is a burgeoning movement afoot to redefine Adam Smith as a “liberal” of the contemporary, progressive sort, rather than as the icon of classical liberalism he is standardly taken to be. It has never been a secret that Smith was no anarchist, nor even, probably, a “minarchist.” He argued that the government should undertake [...]
11Feb2003 | James R. Otteson | 0 comments | ContinuedAdam Smith: Moral Philosopher
James Otteson is a professor of philosophy at the University of Alabama. Adam Smith was not solely an economist, though that is almost exclusively how he is known today. His Inquiry into the Nature and Causes of the Wealth of Nations (WN) is one of the most important books in the Western tradition. Aside from [...]
1Nov2000 | James R. Otteson | 0 comments | ContinuedBook Review: The Life of Adam Smith by Ian Simpson Ross
Clarendon Press, Oxford • 1995 • 495 pages • $35.00 If you ever wondered what books Adam Smith’s father kept in his library, then Ian Simpson Ross’s The Life of Adam Smith is for you. Indeed, Ross’s biography of the father of free-market economics is jam-packed with such facts regarding Smith, his family, teachers, friends, [...]
1Mar1997 | Raymond J. Keating | 0 comments | Continued-
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