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

This paper challenges the commonly held view that Smith's moral theory is a subjectivist theory. Smith's test for …

the genesis of the works of Ricardo are dealt with. The building blocks of his theory are Malthus' law of population and … three classes of society (landowners, tenants, agricultural workers). His vision is - like that of Adam Smith - a self …-adjusting model of the economy. Getting at first rid of rent, his intention was to show that - in contrast to Smith - a decrease of …

In the field of business ethics, Adam Smith has generally been viewed with a measure of suspicion. Smith's famous … egoism of economic actors is restrained by a more socially conscious mindset. To the extent that Adam Smith has been brought … market sceptics of business ethics. Little has thus far been done, however, to illustrate that Smith's moral writings …

This paper offers a critical comment on the interpretation that Adam Smith's lsquo;real measure of exchangeable value … power. It is argued that the lsquo;real measure' is incapable of performing such a role, that Smith was aware of its …

reconstruction of Scottish Political Economy as defined by the writings of David Hume and Adam Smith? How much is gained and how much …

‘invisible hand', a metaphor that Adam Smith used just once in each of his major works. There has been a debate as to whether … Smith himself attached any importance to this metaphor. I do not deal with this issue directly. Instead, I ask another … question that seems to me more relevant and interesting: Did Smith have a logical argument, call it a ‘proof' if you will, as …