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This paper examines Adam Smith’s vision of family life and the role of the family in society as it stems from the Theory of Moral Sentiments. We first discuss textual evidences of Smith’s vision of gender differences and of the relationships between the sexes. Then we turn to TMS’s...
Persistent link: https://www.econbiz.de/10005449524
The social encyclical Rerum Novarum closely links the question of poverty with that of property, and invokes Thomas Aquinas. But on closer examination, the reasoning developed in favour of property departs from the scholastic thinker, since it maintains more affinities with the liberal tradition...
Persistent link: https://www.econbiz.de/10008831607
Italian Abstract: In questo saggio intendo analizzare il tema del buon governo nelle opere di Adam Smith, la cui importanza sembra non aver ricevuto la dovuta attenzione. La ricostruzione è guidata da tre ipotesi ermeneutiche riguardanti il ruolo svolto dall'idea di buon governo nello sviluppo...
Persistent link: https://www.econbiz.de/10011111337
William Grampp’s JPE article on Adam Smith is creative and provocative. It errs, however, by disparaging the invisible hand’s importance as a symbol of various economic processes that help societies prosper in ways that individuals neither intend nor comprehend. Four specific...
Persistent link: https://www.econbiz.de/10008484279
known for his antagonism to traditional Christian religion. Yet, penetrating only slightly below the surface, his thinking … is revealed to follow closely in a Christian mode. Indeed, Knight's moral philosophy was a secular form of Calvinism … from the Garden of Eden. Rather than maximization of utility, Knight's writings depict a world in which a more fundamental …
Persistent link: https://www.econbiz.de/10005148389
Between J-B. Say and R. Malthus an important debate took place, witnessed by a number of letters and quotations, mainly concerning the débouchés problem. Quite surprisingly, the respective theories of values are never under discussion in their correspondence, nor quotations on them can be...
Persistent link: https://www.econbiz.de/10010991494
John Elliott Cairnes (1823-1875) is best known for his defense of the wages fund doctrine after Mill’s abandonment of it. This essay argues that Cairnes’ ideas represented a substantive advance in classical political economy, in that his ideas were more coherent than those of his...
Persistent link: https://www.econbiz.de/10010992329
This paper proposes a reconstruction of one of Torrens little unknown piece of work on the making and the distribution of income among the social classes. The framework assumes a single-good economy with fixed production coefficients. It differs from the contemporary Ricardo theory (that...
Persistent link: https://www.econbiz.de/10010992393
In this study, the historical roots of individuality will be examined. According to the view of economic individuality, pursuit of self-interest is the fundamental motivation for all of human beings. When we look into the eighteenth century, the main argument was whether the rise of the...
Persistent link: https://www.econbiz.de/10010850419
The article investigates Wicksell's change of mind about the machinery question between 1890 and 1900/1901. Wicksell at first sided with the so-called “compensation theory” that workers are not harmed by the introduction of machinery. In his lecture notes of April 1900, made available here...
Persistent link: https://www.econbiz.de/10010854723