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Adam Smith infused the expression “impartial spectator” with a plexus of related meanings, one of which is a super-being, which normally would aptly take the definite article the, and which bears parallels to monotheistic ideas of God. As for any genuine, identified, human spectator of an...
Persistent link: https://www.econbiz.de/10014115463
In a recent edition of Economic Affairs, Edwin van de Haar provides evidence against the thesis that trade fosters peace. However, I argue his description of the “trade-fosters-peace” thesis as insufficiently precise is incorrect. By its nature, we must use probabilistic language....
Persistent link: https://www.econbiz.de/10014095141
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
In the first edition of the Wealth of Nations, published in London in 1776, the author-works list is presented in a very unusual place: directly opposite the table of contents. That placement suggests a continuity and unity in Adam Smith’s published works. A photograph provides a touchstone to...
Persistent link: https://www.econbiz.de/10013294671
We explore the 1764 pamphlet, In Vindication of the Continental Colonies of America, from A Censure of Mr Adam Smith, in his Theory of Moral Sentiments. With some Reflections on Slavery in General. Authorship has been attributed to Arthur Lee. We doubt that attribution and here simply treat the...
Persistent link: https://www.econbiz.de/10013229708
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The appeal of The Theory of Moral Sentiments (TMS) has moved with openness to non-foundationalism. This paper is devoted to providing evidence of that bivariate relationship. The paper stems from a 2018 article, “Dissing The Theory of Moral Sentiments.” I have pared down the quotations and...
Persistent link: https://www.econbiz.de/10013217528
Scholars distinguish between gratitude, which involves not only appreciation of benefit but a positive feeling directed to the benefactor, from gratefulness, which does not necessarily involve any benefactor, much less a feeling toward one (‘I am grateful for the warm sunshine.’). I suggest...
Persistent link: https://www.econbiz.de/10013220757
A group of scholars, including myself, have elaborated a tri-layered understanding of justice in Adam Smith (commutative, distributive, and estimative). Here I go beyond the matter of Smith’s understanding of justice, to ask: How did he discourse about justice? Does he instruct us in the...
Persistent link: https://www.econbiz.de/10013222261