The “Apartheid of Goods” is the status stratification of society: Some decision makers cannot enjoy coarse goods such as soap operas while others cannot enjoy refined goods such as Vivaldi operas. The Apartheid of Goods is an enigma for the social welfare function; it makes SWF ill-defined....

Does the love of country (patriotism) and the love of humankind (cosmopolitanism) lie along a continuum? One may suppose that the continuum is underpinned by familiarity. However, as Adam Smith notes, such a supposition leads to a puzzle. One usually loves more a distant than a nearby country,...

Two concepts of Adam Smith sealed off the relevance of the mercantilist and physiocratic traditions. Both concepts involve, although in different ways, the evisceration of the spatial dimension from the theory of production. The first concept, the division of labor, identifies the source of...