The sciences tell us that fears are physical feelings and mental emotions that play a key role in any society. Not many issues related to fear are explored by economists today. The aim of this paper is to go backwards through the history of economic thought, and examine if and how Adam Smith...

Commerce changes the production of wealth in a society as well as its ethics. What is appropriate in a non-commercial society is not necessarily appropriate in a commercial one. Adam Smith criticizes Stoic self-command in commercial societies, rather than embracing it, as is often suggested. He...

McCloskey criticizes Samuelsonian economists for representing human beings in their models by a character she dubs Max U. Max U, she argues, lacks all virtues except for Prudence. The paper explores whether the identity between Max U and Prudence is tenable and whether Samuelsonian economics can...

Cet article réexamine l'apport de Pellegrino Rossi à la loi de l'offre et de la demande par rapport aux contributions de Say, Ricardo ou Smith. Il montre que Rossi développe une théorie de la valeur originale qui emprunte à la fois à la pensée classique anglaise et à la pensée...

Everyone has to eat, so those who produce food must produce enough to feed themselves and to feed all those who do not produce their own food. Once stated. this is trivially obvious but, I will argue, making that simple relation between agriculture and the rest of the economy explicit and, at...

We suggest, in this paper, the investigation of Adam Smith and Francis Ysidro Edgeworth's utilitarianism conceptions. Both conceptions were used in order to develop Economics as science. However, they presented the limitations of the economic theory, which boundaries recommended.

In many works Deirdre McCloskey criticizes professional economics for too readily representing man as a maximizing agent—Mr. Maximum Utility, or Max U. McCloskey says that economic activities are not the machinations of robots or mathematical functions, but rather affairs among human beings....