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Adam Smith’s System
Inspired by his lectures on rhetoric and by game theory, this book provides a new interpretation of Adam Smith’s system of thought. It highlights its coherence through the identification of three reasoning routines and a meta-reasoning routine throughout his work on languages, rhetoric, moral sentiments, self-command, and the nature and causes of the wealth of nations. The identification of these reasoning routines allows the authors to uncover a hitherto poorly understood deep structure of Smith’s work and to explain its main characteristics. How these routines emerged in Smith’s early research on the principles of the human mind is also traced. This book sheds new light on Adam Smith and his work, highlighting his sophisticated understanding of strategic interaction in all things rhetorical, moral, and economic. It will be relevant to students and researchers interested in the history of ideas, the history of economic thought, game theory, Enlightenment studies, and rhetoric.
Adam Smith's System
Inspired by his lectures on rhetoric and by game theory, this book provides a new interpretation of Adam Smith's system of thought. It highlights its coherence through the identification of three reasoning routines and a meta-reasoning routine throughout his work on languages, rhetoric, moral sentiments, self-command, and the nature and causes of the wealth of nations. The identification of these reasoning routines allows the authors to uncover a hitherto poorly understood deep structure of Smith's work and to explain its main characteristics. How these routines emerged in Smith's early research on the principles of the human mind is also traced. This book sheds new light on Adam Smith and h...
Reading Smith Through the Conceptual Lenses of Game Theory
Game theory is a branch of social sciences that formalizes decision-making in situations where two or more individuals or groups interact, possibly having conflicting interests. In Ortmann & Walraevens (2022) we have reconstructed Smith's ways of thinking about the social world by analyzing his early work on rhetoric and languages. We document that Smith had an astute understanding of interactive decision-making in all walks of life and of the role persuasion plays in it. Game theory is a natural way to capture this understanding and we showed that Smith used, from the LBRL over the TMS to the WN, what we called reasoning routines that map tightly into eductive and evolutive game theory. The present manuscript is a primer of sorts on our book and the insights that we establish through it. We argue that understanding Smith's reasoning routines, or conceptual lenses, is a major step towards understanding the deep structure of his oeuvre, and for that matter his universal teachings.
Freedom and Happiness in Economic Thought and Philosophy
Starting from a distinction made by the American philosopher, John Rawls, in 2000 between two kinds of liberalism, "liberalism of freedom" and "liberalism of happiness", this book presents a range of articles by economists and philosophers debating the most fundamental aspects of the subject. These include the exact significance of Rawls’ distinction and how it can be related to European political philosophy on the one hand and to utilitarianism on the other hand; the various definitions of happiness and freedom and their implications and the informational basis of individual preferences. The objectives of the book are twofold: first, it is devoted to a thorough analysis of the founding te...
Global Commerce in the Age of Enlightenment
Combining contextual, institutional, and global perspectives, this book evaluates the impact of international trade on eighteenth-century economic thought. It meticulously delineates how economic ideas and institutions flowed between North and South Europe and across the Indian and Atlantic Oceans during the Age of Enlightenment. Global Commerce in the Age of Enlightenment carefully explores contemporary debates about economic institutions, which were a crucial element in the race for controlling international trade. Eighteenth-century thinkers devoted much attention to the relative merits of existing institutions, such as free ports, grasped the dangers of economic dependence, and appraised emerging conceptions of property rights. The author draws on an impressive range of sources, including pamphlets and travel accounts, and work from lesser-known figures such as Pierre Poivre and Ange Goudar. This volume will be valuable reading for advanced students and researchers of the history of economic thought, economic history, political economy, the history of ideas, and global history.
Adam Smith Reconsidered
A radical reinterpretation of Adam Smith that challenges economists, moral philosophers, political theorists, and intellectual historians to rethink him—and why he matters Adam Smith has long been recognized as the father of modern economics. More recently, scholars have emphasized his standing as a moral philosopher—one who was prepared to critique markets as well as to praise them. But Smith’s contributions to political theory are still underappreciated and relatively neglected. In this bold, revisionary book, Paul Sagar argues that not only have the fundamentals of Smith’s political thought been widely misunderstood, but that once we understand them correctly, our estimations of S...
The Adam Smith Review: Volume 9
Adam Smith’s contribution to economics is well-recognised, but in recent years scholars have been exploring anew the multidisciplinary nature of his works. The Adam Smith Review is a rigorously refereed annual review that provides a unique forum for interdisciplinary debate on all aspects of Adam Smith’s works, his place in history, and the significance of his writings to the modern world. It is aimed at facilitating debate between scholars working across the humanities and social sciences, thus emulating the reach of the Enlightenment world which Smith helped to shape. This ninth volume brings together leading scholars from across several disciplines to consider topics as diverse as Smith’s work in the context of scholars such as Immanuel Kant, Yan Fu and David Hume, Smith as the father of modern economics, and Smith’s views on education and trade. This volume also has a particular focus on Asia, and includes a section that presents articles from leading scholars from the region.
Explorations in the Digital History of Ideas
What would the history of ideas look like if we were able to read the entire archive of printed material of a historical period? Would our 'great men (usually)' story of how ideas are formed and change over time begin to look very different? This book explores these questions through case studies on ideas such as 'liberty', 'republicanism' or 'government' using digital humanities approaches to large scale text data sets. It sets out the methodologies and tools created by the Cambridge Concept Lab as exemplifications of how new digital methods can open up the history of ideas to heretofore unseen avenues of enquiry and evidence. By applying text mining techniques to intellectual history or the history of concepts, this book explains how computational approaches to text mining can substantially increase the power of our understanding of ideas in history.
