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Adam Smith, asserting the common humanity of the street porter and the philosopher, articulated the classical economists' model of social interactions as exchanges among equals. This model had largely fallen out of favor until, recently, a number of scholars in the avant-garde of economic thought rediscovered it and rechristened it "analytical egalitarianism." In this volume, Sandra J. Peart and David M. Levy bring together an impressive array of authors to explore the ramifications of this analytical ideal and to discuss the ways in which an egalitarian theory of individuality can enable economists to reconcile ideas from opposite ends of the political spectrum. "The analytical egalitariani...
The essays in this volume revalue the work of the Romantic-era Scottish writer John Galt, connecting his methods and goals with Scottish Enlightenment "conjectural" historiography and with later social theorizing. Emphasizing the construction, representation and use of social knowledge, the essays find new meaning in Galt's perceptions of the Atlantic and Mediterranean worlds in which he traveled, his attitudes toward community building and progress, and his innovations in fiction, drama, journalism and biography.
This book examines the use, principally in economics, of the concept of the invisible hand, centering on Adam Smith. It interprets the concept as ideology, knowledge, and a linguistic phenomenon. It shows how the principal Chicago School interpretation misperceives and distorts what Smith believed on the economic role of government. The essays further show how Smith was silent as to his intended meaning, using the term to set minds at rest; how the claim that the invisible hand is the foundational concept of economics is repudiated by numerous leading economic theorists; that several dozen identities given the invisible hand renders the term ambiguous and inconclusive; that no such thing as an invisible hand exists; and that calling something an invisible hand adds nothing to knowledge. Finally, the essays show that the leading doctrines purporting to claim an invisible hand for the case for capitalism cannot invoke the term but that other nonnormative invisible hand processes are still useful tools.
The Adam Smith Review 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 for the modern world.
Adam Smith’s contribution to economics is well recognised, yet scholars have recently 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 among scholars working across the humanities and social sciences, thus emulating the reach of the Enlightenment world which Smith helped to shape. This 13th volume demonstrates, perhaps more so than any other issue in recent memory, the dazzling breadth and diversity of Smith scholarship across the disciplines today – from studies of hospitals, balls and monsters to colonies, clerisy, language and the mind; from issues of empathy, compassion, cohesion, translation, representation, paternalism and moral innovation, to Smith’s influence on Japanese, Portuguese, Chinese, American and Italian thought and practice. Adam Smith remains our companion, always provoking us and stimulating creative directions in our thinking and research.
Adam Smith is well recognized as a forefather of modem economics but in recent years scholars have been exploring anew the multidisciplinary nature of his writings. The Adam Smith Review 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 for the modem world. It is the only publication of its kind and is aimed at facilitating debate between scholars working across the humanities and social sciences, thus emulating the transdisciplinary reach of the Enlightenment world which Smith helped to shape. The second volume of this refereed series contains contributions from a multidisciplinary range of specialists, including Jean-Pierre Dupuy, Samuel Fleischacker, Charles Griswold, Elias Khalil, Catherine Labio, Brendan Long, James Otteson, Ian Simpson Ross, Roberto Scazzieri, Eric Schliesser and Jeffrey Young, who discuss such themes as: Adam Smith’s moral theory and the theory of choice Adam Smith and the literary turn the unfinished nature of Smith’s oeuvre the relation between Adam Smith’s moral philosophy and economics
Includes refereed articles on topics in economic methodology and the history of economics, including Austrian economic methodology and Wesley Mitchell. This collection covers such topics as Adam Smith, John Kenneth Galbraith, Friedrich Nietzsche, Joseph Schumpeter, Janos Kornai, the Chicago School, French econometrics, and financial economics.
How the approaches and methods of think tanks—including systems theory, operational research, and cybernetics—paved the way for a peculiar genre of midcentury modernism. In Think Tank Aesthetics, Pamela Lee traces the complex encounters between Cold War think tanks and the art of that era. Lee shows how the approaches and methods of think tanks—including systems theory, operations research, and cybernetics—paved the way for a peculiar genre of midcentury modernism and set the terms for contemporary neoliberalism. Lee casts these shadowy institutions as sites of radical creativity and interdisciplinary practice in the service of defense strategy. Describing the distinctive aesthetics ...
Renée Jeffery examines the role played by the emotions in making moral judgments and motivating ethical actions. Focusing on the problem of world poverty, she draws on the work of eighteenth-century moral sentiment theorists and recent advances in the neurosciences to develop an original account of international ethics.