| Description |
1 online resource (284 pages) |
| Series |
Major Conservative and Libertarian Thinkers |
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Major conservative and libertarian thinkers.
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| Contents |
Cover; Title; List of Abbreviations; Acknowledgments; Preface; Series Editor's Preface; Contents; Dedication; Copyright; Series; 1 Adam Smith's Life and Works; In the Beginning; Smith's First Book: TMS; Interregnum: between TMS and WN; Smith's Second Book: WN; After WN; Part I: Biography; 2 Smith's Philosophical Program: Two Early Essays; Smith's "Languages"; The Rules of Language and Spontaneous Order; Two Further Facts about Language; Lessons from "Languages"; Smith's "History of Astronomy"; Is Smith a Scientific "Realist"?; Self-interest; Part II: Ideas; 3 Smith's Genealogy of Morality |
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TMS as a BookGetting the Theory off the Ground: the Desire or MSS; The Genealogy of Morality; A Marketplace of Morality; Central Elements; 4 The Impartial Spectator and Moral Objectivity; The Solitary Man; Moral Rules and "Middle-way" Objectivity; Utility; How High Does the Impartial Spectator Go?; How Good a Standard is the Impartial Spectator?; 5 Political Economy in The Theory of Moral Sentiments; Happiness; Justice versus Beneficence; The "Man of System"; 6 Political Economy in The Wealth of Nations; The Division of Labor; Human Nature; The Invisible Hand and the Great Mind Fallacy |
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What Smith's Political Economy Rules OutIs the GMF a Fallacy?; The Seen and the Unseen; The GMF and the Impartial Spectator; 7 Resolving the "Adam Smith Problem"; The Model in Smith's Essay on Language; The Model in TMS; The Model in WN; Smith's Market Model in Language, Economics, and Morals; 8 What Smith Got Wrong; Labor Theory of Value; Happiness and Tranquility; Committing the Great Mind Fallacy?; Smithian Limited Government and Human Prosperity; Part III: Enduring Significance; 9 What Smith Got Right; Up First: Spontaneous Order; Next Up: Sympathy of Sentiments; Third: Human Nature |
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Fourth: Markets and ProsperityEpilogue Smith: Conservative or Libertarian?; Bibliography; Index |
| Summary |
The Scottish philosopher Adam Smith (1723-1790) was as a pioneer of political economy. In fact, his economic thought became the foundation of classical economics and his key work, An Inquiry into the Nature and Causes of the Wealth of Nations, is considered to be the first modern work in economics. For Smith, a free competition environment was the best way to foster economic development that would work in accordance with natural laws. The framework he set up to explain the free market remains true to this day |
| Notes |
Print version record |
| Subject |
Smith, Adam, 1723-1790.
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| SUBJECT |
Smith, Adam, 1723-1790 fast |
| Subject |
Classical school of economics.
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Free enterprise.
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BUSINESS & ECONOMICS -- Economics -- General.
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BUSINESS & ECONOMICS -- Reference.
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Classical school of economics
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Free enterprise
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| Form |
Electronic book
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| ISBN |
9781623565930 |
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1623565936 |
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