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Adam Smith’s Approach to Virtue Ethics Had Nothing Whatsoever to Do With the Invisible Hand of the Market
Brady, Michael Emmett - 2018
Adam Smith’s version of Virtue Ethics can be traced directly back to Plato (Socrates) and Aristotle. Smith basically skipped Aquinas and Augustine because they were also Catholic theologians, as well as philosophers. Referencing them would not have been looked upon kindly by the Scottish...
Persistent link: https://www.econbiz.de/10014115009
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Adam Smith (‘Self Interest’ Meant the Virtue of Prudence) Against Jeremy Bentham and the Economics Profession (‘Self Interest’ Meant the Vice of Greed, Selfishness, and Avarice)
Brady, Michael Emmett - 2017
The economics profession has completely mixed up Adam Smith’s definition of self-interest, by which Smith means the absolute necessity of successfully applying the Virtue of Prudence, with Jeremy Bentham’s directly conflicting definition of self-interest, which is the Vice of Greed,...
Persistent link: https://www.econbiz.de/10014117908
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Keynes’s Philosophy of Mathematics Can’t Be Mastered by Reading the Notes of His Economics Lectures Made by His Students in the Years 1932–35
Brady, Michael Emmett - 2019
Treatise on Probability and General Theory. Keynes favored using systems of simultaneous equations both in the A Treatise on … Probability and General Theory. A study of the student notes taken in the years from 1932 to 1935 alone will lead to the wrong …
Persistent link: https://www.econbiz.de/10012870871
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Keynes’s Application of Inexact Measurement and Approximation in Chapter 15 of the A Treatise on Probability Directly Conflicts with R. O’Donnell’s Claims in His Chapter 3 concerning Keynes’s Approach to Measurement in His 1989 Book, 'Keynes, Philosophy, Economics, and Politics'
Brady, Michael Emmett - 2020
Keynes built his logical theory of probability on ordinal probability while, at the same time, arguing that the use of …
Persistent link: https://www.econbiz.de/10014097892
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Adam Smith's Prudence (Self Interest-Self Love) Was the Bedrock Foundation and Necessary Condition for the Attainment of All Other Virtues in the Theory of Moral Sentiments and the...
Brady, Michael Emmett - 2018
practiced successfully first. Economists, especially, have very great difficulty with Adam Smith's The Theory of Moral …
Persistent link: https://www.econbiz.de/10012923394
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Adam Smith’s Sixth Edition of The Theory of Moral Sentiments in 1790 was specifically devised to refute Jeremy Bentham’s 1787 attacks on Virtue Ethics and The Wealth of Nations as...
Brady, Michael Emmett - 2020
explicit attack on Adam Smith’s The Theory of Moral Sentiments and The Wealth of Nations on pages 8-23 in chapter Two of The … on the principle of utility alone and nothing else.Smith’s The Theory of Moral Sentiments is based on sympathy ,but not … antipathy. However, the major foundation for The Theory of Moral Sentiments is the virtue of prudence, since ,without prudence …
Persistent link: https://www.econbiz.de/10014101694