This article is part of a symposium (in Society) on a target article by Amitai Etzioni. Using that article as a point of departure, I take the opportunity to elaborate a reading of Adam Smith's moral philosophy that sees it as quite non-foundationalist. Whereas foundationalism's metaphor is a...

One aspect of the present paper is to draw out the Adam Smith in Friedrich Hayek. I suggest that common economic talk of market communication, market error and correction, and policy error and correction invokes a spectatorial being and appeals to our sympathy with such being. Behind such common...

Jordan Peterson says that postmodernists say no interpretation is better than another. Hmm. I would no sooner identify Peterson's adversaries as those who have been misled by "postmodernism" than I would identify them as misled by "sustainability," "diversity," "multiculturalism," or...

This text was the basis for a presentation of the book Knowledge and Coordination: A Liberal Interpretation (Oxford University Press, 2012). The lecture discusses the richness of knowledge, the distinction between concatenate and mutual coordination, and the relation of these to a liberal...

A sample of 299 U.S. economics professors responded to our 2010 survey, which asked: “Suppose you are reading or listening to an economist, and he discloses his own ideological proclivities. Which best represents your attitude toward his doing so:” The results surprised us. Sixty-three...

The Fall 2010 issue of the Journal of Private Enterprise featured a complicated set of papers (link to the issue). The lead article was a long paper by Jason Briggeman and me, on Israel Kirzner’s work on coordination and discovery. The thrust of our paper was an affirmation of Kirzner’s...

This document offers an English translation of remarks that Pierre-Samuel Dupont de Nemours made in 1809, remarks principally about Adam Smith. Dupont suggests repeatedly that Adam Smith fudged some points in The Wealth of Nations, because, says Dupont, Smith “thought that in order to maintain...

Adam Smith often used musical and synchronous figures of speech to convey the notion of sympathy, as when our sentiments “keep time together.” In this way Smith explored social cooperation or “harmony.” Smith’s emphasis on synchrony in treating the social ecology of moral sentiments...

We explore the conjecture, first hinted at by Peter Minowitz, that Smith deliberately placed his central idea, as represented by the phrase “led by an invisible hand,” at the physical center of his masterworks. The four most significant points developed are as follows: (1) The physical...

We investigate the websites of economists at Harvard University and George Mason University. We draw a contrast between the two departments by using Robert Nelson's distinction between the scholastic and the pietistic approaches to knowledge and discourse. Scholasticism is hierarchical in...