What was Adam Smith's intellectual laboratory? How did his economic theory take shape? Were his metaphors of order only residual and ornamental expressions? This book answers these questions by analyzing the formation of the concepts of market and social order in Adam Smith's work, by...

Chapter 1. Introduction -- Part 1. Machines, Bodies, and Invisible Hands -- Chapter 2. Metaphors as conceptual tools -- Chapter 3. The metaphor of the machine -- Chapter 4. Smith and the organic metaphors -- Chapter 5. The invisible hand -- Part 2. Visible and Invisible Orders: The Secrets of...

This paper analyses two concepts considered antithetical by Hayek: constructivism and spontaneous order. The thesis is that the spontaneous order theory does not exhaustively explain the change of social systems divergent from market ones. More precisely, Hayek's approach lacks in a theory of...

The thesis put forward in this paper is that Herbert A. Simon was a distinctive theoretician of decentralized decisional systems alternative to the market, from planning to organizations. This issue emerges from the convergence of four perspectives, each with a different role and influence on...