Commerce And Strangers In Adam Smith
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Author | : Shinji Nohara |
Publisher | : Springer |
Total Pages | : 198 |
Release | : 2018-05-24 |
Genre | : Business & Economics |
ISBN | : 9811090149 |
This book offers unique insights into how Adam Smith understood globalization, and examines how he incorporated his knowledge of the world and globalization into his classical political economy. Although Smith lived in society that was far from globalized, he experienced the beginning of globalization. Smith considered the most developed society the commercial society: the society that results from people meeting with strangers. Among Enlightenment thinkers, Smith was one of the most important figures with respect to interaction in the world, and it is through his lens that the authors view the impact of the mixing of diverse peoples. Firstly, the book describes how Smith was influenced by information from around the world. Leaving eighteenth-century Europe, including Smith’s native Scotland, people travelled, traded, and immigrated to far-flung parts of the globe, sometimes writing books and pamphlets about their travels. Informed by these writers, Smith took into consideration the world beyond Europe and strangers with non-European backgrounds. Against that background, the book reinterprets Smith’s moral philosophy. In The Theory of Moral Sentiments, Smith developed his moral philosophy, in which he examined how people form opinions through their meetings with strangers. He researched how encounters with strangers created the sharing of social rules. As such, the book studies how Smith believed that people in dissimilar communities come to share common concepts of morality and justice. Lastly, it provides an innovative reading of Smith’s political economy. In The Wealth of Nations, Smith established the market model of economic society. However, he saw the limitations of that model since it does not consider the impact of money on economy and international trade. He also recognized the limitations of his own equilibrium theory of market, the theory that is still influential today.
Author | : Russ Roberts |
Publisher | : Portfolio |
Total Pages | : 274 |
Release | : 2015-10-13 |
Genre | : Business & Economics |
ISBN | : 1591847958 |
"How the insights of an 18th century economist can help us live better in the 21st century. Adam Smith became famous for The Wealth of Nations, but the Scottish economist also cared deeply about our moral choices and behavior--the subjects of his other brilliant book, The Theory of Moral Sentiments (1759). Now, economist Russ Roberts shows why Smith's neglected work might be the greatest self-help book you've never read. Roberts explores Smith's unique and fascinating approach to fundamental questions such as: - What is the deepest source of human satisfaction? - Why do we sometimes swing between selfishness and altruism? - What's the connection between morality and happiness? Drawing on current events, literature, history, and pop culture, Roberts offers an accessible and thought-provoking view of human behavior through the lenses of behavioral economics and philosophy"--
Author | : Adam Smith (économiste) |
Publisher | : |
Total Pages | : 636 |
Release | : 1812 |
Genre | : |
ISBN | : |
Author | : James R. Otteson |
Publisher | : Oxford University Press |
Total Pages | : 358 |
Release | : 2019-01-30 |
Genre | : Business & Economics |
ISBN | : 0190914238 |
Business has a bad name for many people. It is easy to point to unethical and damaging behavior by companies. And it may seem straightforward to blame either indivuduals or, more generally, ruthless markets and amoral commercial society. In Honorable Business, James R. Otteson argues that business activity can be valuable in itself. The primary purpose of honorable businesses is to create value-for all parties. They look for mutually voluntary and mutually beneficial transactions, so that all sides of any exchange benefit, leading to increasing prosperity not just for one person or for one group at the expense of others but simultaneously for everyone involved. Done correctly, honorable business is a positive-sum activity that can enable flourishing for individuals and prosperity for society. Otteson connects honorable business with the political, economic, and cultural institutions that contribute to a just and humane society. He builds on Aristotle's conception of human beings as purposive creatures who are capable of constructing a plan for their lives that gives them a chance of achieving the highest good for humanity, focusing on autonomy and accountability, as well as good moral judgment. This good judgment can enable us to answer the why of what we do, not just the how. He also draws on Adam Smith's moral philosophy and political economy, and argues that Smithian institutions have played a significant role in the remarkable increase in worldwide prosperity we have seen over the last two hundred years. Otteson offers a pragmatic Code of Business Ethics, linked to a specific conception of professionalism, and defends this Code on the basis of a moral mandate to use one's limited resources of time, talent, and treasure to provide value for oneself only by simultaneously providing value to others. The result is well-articulated parameters within which business can be an acceptable-perhaps even praiseworthy-activity.
Author | : Friedrich List |
Publisher | : |
Total Pages | : 434 |
Release | : 1916 |
Genre | : Economics |
ISBN | : |
Author | : Yann Moulier-Boutang |
Publisher | : Polity |
Total Pages | : 258 |
Release | : 2011 |
Genre | : Business & Economics |
ISBN | : 0745647324 |
This book argues that we are undergoing a transition from industrial capitalism to a new form of capitalism - what the author calls & lsquo; cognitive capitalism & rsquo;
Author | : Lisa Hill |
Publisher | : Springer |
Total Pages | : 239 |
Release | : 2019-07-22 |
Genre | : Political Science |
ISBN | : 3030193373 |
Adam Smith is commonly conceived as either an economist or a moral philosopher so his importance as a political thinker has been somewhat neglected and, at times, even denied. This book reveals the integrated, deeply political project that lies at the heart of Smith’s thought, showing both the breadth and novelty of Smith’s approach to political thought. A key argument running through the book is that attempts to locate Smith on the left-right spectrum (however that was interpreted in the eighteenth century) are mistaken: his position was ultimately dictated by his social scientific and economic thought rather than by ideology or principle. Through examining Smith’s political interests and positions, this book reveals that apparent tensions in Smith's thought are generally a function of his willingness to abandon, not only proto-liberal principles, but even the principles of his own social science when the achievement of good outcomes was at stake. Despite the common perception, negative liberty was not the be-all and end-all for Smith; rather, welfare was his main concern and he should therefore be understood as a thinker just as interested in what we would now call positive liberty. The book will uniquely show that Smith’s approach was basically coherent, not muddled, ad hoc, or ‘full of slips’; in other words, that it is a system unified by his social science and his practical desire to maximise welfare.
Author | : Paul Seabright |
Publisher | : Princeton University Press |
Total Pages | : 334 |
Release | : 2004 |
Genre | : Business & Economics |
ISBN | : 9780691118215 |
This is a wonderful book, very well written and accessible to a wide audience.
Author | : Murray Newton Rothbard |
Publisher | : Ludwig von Mises Institute |
Total Pages | : 1120 |
Release | : |
Genre | : Austrian school of economics |
ISBN | : 1610164776 |
Author | : Vivienne Brown |
Publisher | : Routledge |
Total Pages | : 258 |
Release | : 2002-09-11 |
Genre | : Business & Economics |
ISBN | : 1134865449 |
Adam Smith's name has become synonymous with free market economics; The Wealth of Nations is taken as the definitive account of the benefits of free competitive markets. Yet recent scholarship has challenged this view and given us a richer, more nuanced figure, steeped in the intricacies of enlightenment social and political philosophy. Adam Smith's Discourse both develops this literature and gives it a radical new extension by taking into account recent debates in literary theory.