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Commerce And Strangers In Adam Smith
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Book Synopsis Commerce and Strangers in Adam Smith by : Shinji Nohara
Download or read book Commerce and Strangers in Adam Smith written by Shinji Nohara and published by Springer. This book was released on 2018-05-24 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Adam Smith's Discourse by : Vivienne Brown
Download or read book Adam Smith's Discourse written by Vivienne Brown and published by Routledge. This book was released on 2002-09-11 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Theory of Moral Sentiments by : Adam Smith (économiste)
Download or read book The Theory of Moral Sentiments written by Adam Smith (économiste) and published by . This book was released on 1812 with total page 636 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Wealth of Nations & The Theory of Moral Sentiments by : Adam Smith
Download or read book The Wealth of Nations & The Theory of Moral Sentiments written by Adam Smith and published by DigiCat. This book was released on 2023-12-24 with total page 1571 pages. Available in PDF, EPUB and Kindle. Book excerpt: The invisible hand of the market is a metaphor conceived by Adam Smith to describe the self-regulating behavior of the marketplace. The exact phrase is used just three times in Smith's writings, but has come to capture his important claim that individuals' efforts to maximize their own gains in a free market benefits society, even if the ambitious have no benevolent intentions. Smith came up with the two meanings of the phrase from Richard Cantillon who developed both economic applications in his model of the isolated estate. He first introduced the concept in The Theory of Moral Sentiments, written in 1759. In this work, however, the idea of the market is not discussed, and the word "capitalism" is never used. By the time he wrote The Wealth of Nations in 1776, Smith had studied the economic models of the French Physiocrats for many years, and in this work the invisible hand is more directly linked to the concept of the market: specifically that it is competition between buyers and sellers that channels the profit motive of individuals on both sides of the transaction such that improved products are produced and at lower costs. Adam Smith (1723–1790) was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment era. Smith is best known for two classic works: The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter, usually abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics.
Book Synopsis The Invisible Hand of the Market by : Adam Smith
Download or read book The Invisible Hand of the Market written by Adam Smith and published by DigiCat. This book was released on 2022-05-25 with total page 1599 pages. Available in PDF, EPUB and Kindle. Book excerpt: The invisible hand of the market is a metaphor conceived by Adam Smith to describe the self-regulating behavior of the marketplace. The exact phrase is used just three times in Smith's writings, but has come to capture his important claim that individuals' efforts to maximize their own gains in a free market benefits society, even if the ambitious have no benevolent intentions. Smith came up with the two meanings of the phrase from Richard Cantillon who developed both economic applications in his model of the isolated estate. He first introduced the concept in The Theory of Moral Sentiments, written in 1759. In this work, however, the idea of the market is not discussed, and the word "capitalism" is never used. By the time he wrote The Wealth of Nations in 1776, Smith had studied the economic models of the French Physiocrats for many years, and in this work the invisible hand is more directly linked to the concept of the market: specifically that it is competition between buyers and sellers that channels the profit motive of individuals on both sides of the transaction such that improved products are produced and at lower costs.
Book Synopsis How Adam Smith Can Change Your Life by : Russ Roberts
Download or read book How Adam Smith Can Change Your Life written by Russ Roberts and published by Portfolio. This book was released on 2015-10-13 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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"--
Book Synopsis The Works of Adam Smith, LL.D. and F.R.S. of London and Edinburgh:: The nature and causes of the wealth of nations by : Adam Smith
Download or read book The Works of Adam Smith, LL.D. and F.R.S. of London and Edinburgh:: The nature and causes of the wealth of nations written by Adam Smith and published by . This book was released on 1811 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Adam Smith's Sociological Economics by : David Alexander Reisman
Download or read book Adam Smith's Sociological Economics written by David Alexander Reisman and published by Routledge. This book was released on 2014-06-03 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1976, this book provides an interdiciplinary study fo the thoughts of Adam Smith, showing it particular how the link between economic basis and social superstructure was central to his work. The work is split into six sections, dividing Smith's views along the following lines: 'methology', 'conduct and character', 'consumer behaviour', 'the upper classes', 'the lower classes', and finally 'the State'.
Book Synopsis The National System of Political Economy by : Friedrich List
Download or read book The National System of Political Economy written by Friedrich List and published by . This book was released on 1904 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Selections from The Wealth of Nations by : Adam Smith
Download or read book Selections from The Wealth of Nations written by Adam Smith and published by John Wiley & Sons. This book was released on 2014-08-26 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: This carefully annotated selection features the main analysis of the operation of an economic system, the introductory chapter of the great attack on mercantilism, and portions of the analysis of the functions of the state-Books I, IV, and V. Edited by George J. Stigler, this useful volume includes an introduction and a bibliography.
Book Synopsis The Essential Adam Smith by : Adam Smith
Download or read book The Essential Adam Smith written by Adam Smith and published by New York : W.W. Norton. This book was released on 1986 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gathers selections from Smith's economic writings, discusses his theories, and assesses their influence on modern economics.
Book Synopsis The Works of Adam Smith: The nature and causes of the wealth of nations by : Adam Smith
Download or read book The Works of Adam Smith: The nature and causes of the wealth of nations written by Adam Smith and published by . This book was released on 1811 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Adam Smith and the Origins of American Enterprise by : Roy C. Smith
Download or read book Adam Smith and the Origins of American Enterprise written by Roy C. Smith and published by Truman Talley Books. This book was released on 2004-02-21 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Adam Smith was a Scottish professor of moral philosophy. He published his classic The Wealth of Nations in 1776, the year the American Revolution began. Smith became widely known for his ideas of free markets, laissez-faire commerce, and the "invisible hand." Yet English politicians, landed gentry, and the nobility paid little attention and enacted none of Smith's suggested reforms. The American colonies, however, began their existence as an independent nation in 1781 with no money, no industry, no banks, and deep in debt. The Founding Fathers-particularly Alexander Hamilton, James Madison, and Benjamin Franklin-turned to the ideas of Adam Smith to create and jump-start an economic system for America with both immediate and long-sustained results. This little-known but vital part of U.S. history is now revealed in Roy C. Smith's highly readable new book.
Book Synopsis Honorable Business by : James R. Otteson
Download or read book Honorable Business written by James R. Otteson and published by Oxford University Press. This book was released on 2019-01-30 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis We are Not the Center of the Universe by : Maria Pia Paganelli
Download or read book We are Not the Center of the Universe written by Maria Pia Paganelli and published by . This book was released on 2017 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Adam Smith's account of commercial societies as societies of strangers may be read as a moral defense of commercial societies. A society of strangers can be a fostering environment for moral development. Smith's account of moral development echoes his contemporaries' accounts of the move from geocentric to heliocentric understandings of the solar system. If we imagine ourselves at a distance from our own position, we humble the arrogance of our self-love as we realize we are not the center of the universe. In The Theory of Moral Sentiments, Smith describes the realization that we are not the center of the moral universe. In contemporary presentations and popularizations of astronomical theories the realization is that literally we, on Earth, are not the center of the physical universe. Adam Smith's theory of moral development, and therefore his moral defense of commercial societies, seems indebted to astronomical theories in general, rather than just to Newton, as it is commonly assumed.
Book Synopsis Commerce, Culture, and Liberty by : Henry C. Clark
Download or read book Commerce, Culture, and Liberty written by Henry C. Clark and published by . This book was released on 2003 with total page 720 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Commerce, Culture, and Liberty" presents rich and provocative writings on the relationship between commerce and luxury, virtue, nobility, agriculture, the state, religion, civility, and liberty. The book restores the voice of a rich body of reflections on the larger import of the birth of the modern economy that has been largely silent in academic discourse on the topic. Moreover, it presents significant though hard-to-find writings by a host of well-known authors, including a little-known essay by Rousseau. It also presents important writings that have been pre-empted by Adam Smith, writings that say as much about our age as about the age in which they were written.
Book Synopsis The Glasgow Edition of the Works and Correspondence of Adam Smith: VI: Correspondence by : Adam Smith
Download or read book The Glasgow Edition of the Works and Correspondence of Adam Smith: VI: Correspondence written by Adam Smith and published by Oxford University Press. This book was released on 1987 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this edition the missing part of one letter and eighteen entirely new ones are presented. The search for these letters even extended to Japan. Therefore, all new Smith letter discovered since 1977 are included. In addition, wherever errors were suspected or misreadings have come to light in the standing text as a result of advice from reviewers and correspondents, these have been corrected.
