[PDF] Adam Smith And Modern Economics eBook

Author : E. G. West
Publisher : Aldershot, Hants, England : E. Elgar
Page : 232 pages
File Size : 46,50 MB
Release : 1990
Category : Business & Economics
ISBN :

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Adam Smith and Modern Economics provides a lively introduction to some of the very latest economic concepts and debates reinterpreted from the work of the 'father of economics'. Professor West demonstrates the continuing relevance of his work, two centuries after his death, with special emphasis on the inspiration he has given to economic research during the last two decades. Most notable has been the focus in the 1980s on refutable hypotheses in Smith's writing and the work of testing them with systematic data that were not available in his time. It is shown that even Smith's central invisible hand theorem is now being translated into a set of falsifiable predictions and that these have withstood important empirical tests in the late 1980s. The book makes an important contribution by demonstrating the continuing relevance of Smith's work to economics in the late 20th century.

Author : Jerry Evensky
Publisher : Cambridge University Press
Page : 364 pages
File Size : 42,77 MB
Release : 2005-10-03
Category : Business & Economics
ISBN : 1139446770

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Adam Smith is the best known among economists for his book, The Wealth of Nations, often viewed as the keystone of modern economic thought. For many he has become associated with a quasi-libertarian laissez-faire philosophy. Others, often heterodox economists and social philosophers, on the contrary, focus on Smith's Theory of Moral Sentiments, and explore his moral theory. There has been a long debate about the relationship or lack thereof between these, his two great works. This work treats these dimensions of Smith's work as elements in a seamless moral philosophical vision, demonstrating the integrated nature of these works and Smith's other writings. This book weaves Smith into a constructive critique of modern economic analysis (engaging along the way the work of Nobel Laureates Gary Becker, Amarty Sen, Douglass North, and James Buchanan) and builds bridges between that discourse and the other social sciences.

Author : Ryan Hanley
Publisher : Princeton University Press
Page : 597 pages
File Size : 12,80 MB
Release : 2016-01-12
Category : Business & Economics
ISBN : 1400873487

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The essential guide to the life, thought, and legacy of Adam Smith Adam Smith (1723–90) is perhaps best known as one of the first champions of the free market and is widely regarded as the founding father of capitalism. From his ideas about the promise and pitfalls of globalization to his steadfast belief in the preservation of human dignity, his work is as relevant today as it was in the eighteenth century. Here, Ryan Hanley brings together some of the world's finest scholars from across a variety of disciplines to offer new perspectives on Smith's life, thought, and enduring legacy. Contributors provide succinct and accessible discussions of Smith's landmark works and the historical context in which he wrote them, the core concepts of Smith's social vision, and the lasting impact of Smith's ideas in both academia and the broader world. They reveal other sides of Smith beyond the familiar portrayal of him as the author of the invisible hand, emphasizing his deep interests in such fields as rhetoric, ethics, and jurisprudence. Smith emerges not just as a champion of free markets but also as a thinker whose unique perspective encompasses broader commitments to virtue, justice, equality, and freedom. An essential introduction to Adam Smith's life and work, this incisive and thought-provoking book features contributions from leading figures such as Nicholas Phillipson, Amartya Sen, and John C. Bogle. It demonstrates how Smith's timeless insights speak to contemporary concerns such as growth in the developing world and the future of free trade, and how his influence extends to fields ranging from literature and philosophy to religion and law.

Author : Russ Roberts
Publisher : Portfolio
Page : 274 pages
File Size : 32,39 MB
Release : 2015-10-13
Category : Business & Economics
ISBN : 1591847958

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"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 : Paul Sagar
Publisher : Princeton University Press
Page : 248 pages
File Size : 25,27 MB
Release : 2022-04-19
Category : Biography & Autobiography
ISBN : 0691210837

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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 Smith as economist and as moral philosopher must radically change. Rather than seeing Smith either as the prophet of the free market, or as a moralist who thought the dangers of commerce lay primarily in the corrupting effects of trade, Sagar shows why Smith is more thoroughly a political thinker who made major contributions to the history of political thought. Smith, Sagar argues, saw war, not commerce, as the engine of political change and he was centrally concerned with the political, not moral, dimensions of—and threats to—commercial societies. In this light, the true contours and power of Smith’s foundational contributions to western political thought emerge as never before. Offering major reinterpretations of Smith’s political, moral, and economic ideas, Adam Smith Reconsidered seeks to revolutionize how he is understood. In doing so, it recovers Smith’s original way of doing political theory, one rooted in the importance of history and the necessity of maintaining a realist sensibility, and from which we still have much to learn.

Author : Michael Fry
Publisher : Routledge
Page : 227 pages
File Size : 10,96 MB
Release : 2005-06-22
Category : Business & Economics
ISBN : 1134925867

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First published in 1992. Routledge is an imprint of Taylor & Francis, an informa company.

Author : Jonathan B. Wight
Publisher : Pearson Education
Page : 360 pages
File Size : 29,4 MB
Release : 2001-10-29
Category : Business & Economics
ISBN : 0132782642

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Adam Smith ... Father of Modern Economics ... Died in 1790 ... but 200 years later, his spirit is tortured by the caricatures we remember in his name. In Saving Adam Smith, he is tortured enough to return to Earth ... and so begins a journey of discovery that cuts across two centuries, as doctoral student Richard Burns puts his life on the line to rediscover Smith's most profound insight: Selfishness is not enough.

Author : Adam Smith
Publisher : W. W. Norton & Company
Page : 353 pages
File Size : 39,44 MB
Release : 1987-03-17
Category : Business & Economics
ISBN : 0393242609

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Few writings are more often cited as a cornerstone of modern economic thought than those of Adam Smith. Few are less read. The sheer strength of his great work, The Wealth of Nations, discourages many from attempting to explore its rich and lucid arguments. In this brilliantly crafted volume, one of the most eminent economists of our day provides a generous selection from the entire body of Smith's work, ranging from his fascinating psychological observations on human nature to his famous treatise on what Smith called a "society of natural liberty," The Wealth of Nations. Among the works represented in this volume in addition to The Wealth of Nations are The History of Astronomy, Lectures on Jurisprudence, The Theory of Moral Sentiments, and Smith's correspondence with David Hume. Before each of Smith's writings Robert Heilbroner presents a clear and lively discussion that will interest the scholar as much as it will clarify the work for the non-specialist. Adam Smith emerges from this collection of his writings, as he does from his portrait in Professor Heilbroner's well-known book, as the first economist to deserve the title of "worldly philosopher."

Author : Adam Smith
Publisher : Fingerprint! Publishing
Page : 0 pages
File Size : 14,61 MB
Release : 2023-10-08
Category :
ISBN : 9789358561623

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The Wealth of Nations by Adam Smith is a seminal work in economics that revolutionized our understanding of the market system and laid the foundation for modern capitalism. Smith explores the principles of division of labor, free markets, and the invisible hand, shaping economic thought for centuries to come. Discover the groundbreaking work that shaped modern economics. Explore Adam Smith's profound insights on the market system. Learn about the principles of division of labor and specialization. Gain a deep understanding of the concept of the invisible hand. Explore the impact of "The Wealth of Nations" on economic thought.

Author : Michael Fry
Publisher : Routledge
Page : 347 pages
File Size : 32,53 MB
Release : 2005-06-22
Category : Business & Economics
ISBN : 1134925859

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Although Adam Smith, the father of modern economics, died over two hundred years ago his presence is still felt in many areas of contemporary economics. In this volume some of the world's leading economists pay tribute to Smith's continuing importance. The contributors, including ten Nobel Laureates, consider themes as diverse as Smith's use of data, his attitude to human capital and his views on economic policy. Heirs to Smith as leaders of the discipline, they also reflect upon the current state of economics, assessing the extent to which it measures up to the benchmark established by its founder.