This article explores why Smith's work is a turning point in the history of economic thought. The constitution of an economic discourse and the delimitation of the economy sphere are attributed to: i) the specific nature of Smith's moral philosophy; ii) his way of conceiving economic action as...

This article examines Adam Smith's Theory of moral sentiments. Taking as its point of departure the moral philosophy of the Scottish enlightenment, the paper presents the central argument of Smith's Theory. It analyses the concepts of "sympathy" and "impartial spectator" and points to the...

A new comprehension of Adam Smith's writings arose in the last years. These studies emphasized the political and ethical dimensions of his work and its connection with the eighteenth-century context. This article reviews the historical reception of Smith's works and discusses the recent...