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Self-Interest Before Adam Smith

Autor Pierre Force, Force Pierre
en Limba Engleză Paperback – 19 feb 2007
Self-Interest before Adam Smith inquires into the foundations of economic theory. It is generally assumed that the birth of modern economic science, marked by the publication of The Wealth of Nations in 1776, was the triumph of the 'selfish hypothesis' (the idea that self-interest is the motive of human action). Yet, as a neo-Epicurean idea, this hypothesis had been a matter of controversy for over a century and Smith opposed it from a neo-Stoic point of view. But how can the Epicurean principles of orthodox economic theory be reconciled with the Stoic principles of Adam Smith's philosophy? Pierre Force shows how Smith's theory refutes the 'selfish hypothesis' and integrates it at the same time. He also explains how Smith appropriated Rousseau's 'republican' critique of modern commercial society, and makes the case that the autonomy of economic science is an unintended consequence of Smith's 'republican' principles.
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Specificații

ISBN-13: 9780521036191
ISBN-10: 0521036194
Pagini: 300
Dimensiuni: 152 x 229 x 18 mm
Greutate: 0.49 kg
Editura: Cambridge University Press
Locul publicării:Cambridge, United Kingdom

Cuprins

Acknowledgements; Introduction; 1. Self-interest as a first principle; 2. Epicurean vs. stoic schemes; 3. Self-interest and reason; 4. Passions, interests and society; 5. Interested and disinterested commerce; 6. Self-interest and the public good; Conclusion; Bibliography; Index.

Descriere

A conceptual and historical inquiry into the concept of self-interest before Adam Smith.