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. Imposing Stoicism on a commercial society is therefore imposing an ethic for savages onto a refined society - something to … abhor. Smith's rejection of Stoicism in commercial societies can thus be seen as a defense of commerce. …Commerce changes the production of wealth in a society as well as its ethics. What is appropriate in a non …
Persistent link: https://www.econbiz.de/10011959405
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The method of analysis Adam Smith uses is relatively similar to the method economics generally uses today, especially the sub-field of experimental economics. The method of analysis that Smith uses is coherent and consistent throughout his whole work. He searches for constant variables and then...
Persistent link: https://www.econbiz.de/10012890316
This article examines how The wealth of nations (1776) was transformed into an amorphous text regarding the imperial question throughout the late nineteenth and early twentieth century. Adam Smith had left behind an ambiguous legacy on the subject of empire: a legacy that left long-term effects...
Persistent link: https://www.econbiz.de/10012946175
by Adam Smith in the Theory of moral sentiments and connect these with the themes Smith subsequently discusses in the …
Persistent link: https://www.econbiz.de/10012655477
Is everything good in political economy incorporated into modern economic theory? With the transition of the art of …
Persistent link: https://www.econbiz.de/10013289357
Once economics came to be understood as the scientific investigation of the operation of markets, economic theorists pushed ethical and metaphysical concerns outside their realm of study. After the separation, the claims of Christian theology had no more jurisdiction over the discipline of...
Persistent link: https://www.econbiz.de/10014176080
erachtet worden ist. Im Verlust der Bildhaftigkeit wurden viele Räume, die die ökonomische Theorie beschreibt, grundlegend …
Persistent link: https://www.econbiz.de/10012243848
This paper challenges the commonly held view that Smith's moral theory is a subjectivist theory. Smith's test for …
Persistent link: https://www.econbiz.de/10012156273
Going from personal to impersonal exchange seems to be a relevant feature that allows humans to develop complex societies and grow prosperous. Adam Smith’s idea of moral imagination, embodied in the impartial spectator and achieved through sympathy, may integrate and complement today’s...
Persistent link: https://www.econbiz.de/10014182257