assessment of the then new concept of Pareto optimality, together with his reinterpretation and rejection of Ricardo's (1821 …

In his Wealth of Nations (1776) Adam Smith created an agenda for the study of the economy that is reflected in the … structure of modern economics. This paper describes Smith's contributions to four central areas of economic theory: The theory … economy, and the sources of economic growth. In each case, an attempt is made to relate Smith's contribution to the state of …

This paper provides a comparison between Adam Smith and David Ricardo's treatments of poverty in a capitalist society … one of the most pressing social problems faced by England between the 18th and 19th century. Smith associates poverty with … the stability of social order; while Ricardo postulates that poverty is a function of the distributive struggle and the …

This paper examines the reception of Adam Smith ideas in Greece from their first appearance in commercial handbooks of … pre-independence Greece to the academic treatment of Smith in the first half of the twentieth century. It discusses how … Smith was perceived in the translators’ comments in the first books on political economy and the views on Smith of the major …

How should we interpret what Adam Smith said about self-love in book 1, chapter 2 of The Wealth of Nations (WN 1776 …)? Smith's explanation of the role of self-love in motivating parties to exchange has been widely misunderstood. Understanding … must be read as a whole and in light of Smith's idea of sympathy from the Theory of Moral Sentiments (TMS 1759) to get the …