Search results for "Adam smith"
showing 10 items of 27 documents
La unidad del pensamiento de Adam Smith como marco de comprensión de su propuesta jurídica. Una reflexión desde América latina
2019
La unidad del pensamiento de Adam Smith como marco de comprensión de su propuesta jurídica. Una reflexión desde América Latina Por Juan Camilo Salas Cardona Resumen Las inmensas riquezas que poseen América Latina y El Caribe, en lo que se refiere a sus gentes, su cultura, su biodiversidad, belleza y variedad geográfica, así como a los recursos de toda especie que provee la tierra, contrastan con la pobreza, miseria, violencia, corrupción, crisis económica, desempleo e inestabilidad política en que vive buena parte la región, desde el mal llamado descubrimiento de América, también denominado “encuentro de dos mundos”, ocurrido hace un poco más de cinco siglos. Estas circunstancias, que, con …
L'inévitable aliénation? La division du travail en Grande-Bretagne à l'aube de la révolution industrielle
2002
Adam Smith, dans ses Recherches sur la nature et les causes de la richesse des nations, attire l'attention sur le caractère inévitable de la division du travail et ses aspects positifs pour l'économie. Il reconnaît aussi les aspects négatifs de cette division du travail pour l'individu forcé de s'y conformer. Après un rappel de la position de Smith, nous verrons en seconde partie comment les médecins, en particulier William Buchan, ont perçu les inconvénients physiques de la grande industrie qui se met en place en Grande-Bretagne dans le dernier tiers du dix-huitième siècle. Enfin, nous étudierons le combat mené par William Godwin, auteur radical et pré-anarchiste, contre cette division ali…
Adam Smith and Gaetano Filangieri. Two alternatives face of enlightenment science of legislator
2017
The article proposes a comparison between the thought and works of Adam Smith and Gaetano Filangieri, two of the greatest exponents of European Enlightenment. We can find some important coincidences in their profiles. Smith and Filangieri met with outstanding international success and their works were translated into most known languages. Both were the main representative scholars of their respective schools: Scottish and the Neapolitan. Each of them planned to write a great work concerning the science of legislator but they died before completing it. Despite these resemblances, a deep difference is evident in their thought which makes their works paradigmatic of two different scientific vi…
How to pay for the war in times of imperfect commitment. Adam Smith and David Ricardo on the Sinking Fund
2014
AbstractThe paper proposes a comparative analysis of Smith's and Ricardo's views on the sinking fund. It shows that Smith and Ricardo agreed in stressing the ineffectiveness of the sinking fund as a policy instrument targeted at public debt repayment and tax-burden relief, pointing out that its actual workings had paradoxically helped to increase rather than reduce British total debt-load. Moreover, their explanation of the sinking fund paradox integrates a defective fiscal commitment technology with powerful politicians’ incentives to siphon off the money stored in the sinking fund to meet sudden increases of public expenditure whenever the occasion arose.
Law and the invisible hand. A theory of Adam Smith's Jurisprudence
2023
The Classical Notion of Competition Revisited
2013
This article seeks to fill a lacuna within classical economics concerning the process of market price determination in situations of market disequilibrium. To this aim, first we distinguish the classical notion of free competition from the Walrasian notion of perfect competition and we argue that the latter is beset with some theoretical difficulties alien to the former. Second, we reconstruct in some detail Smith’s and Marx’s views concerning market price determination and show that Marx’s extensive use of metaphors and numerical examples foreshadows the modern taxonomy of buyers’ market, sellers’ market, and mixed strategy equilibrium in the capacity space of a standard Bertrand duopoly m…
The term “political oeconomy” in Adam Smith
2020
This article analyses the use of the term “‘political oeconomy” in the Wealth of Nations, considered by many the founding text of the discipline of Political Economy. It shows that Adam Smith could not accept the use of the term “political oeconomy” that had been made by other authors to indicate the subject matter of his scientific inquiry, devoted to the nature and causes of the wealth of nations; he used the term “political oeconomy” as a synonym for economic policy, especially in the fourth book of the Wealth of Nations. In order to understand this statement, it is necessary to keep in mind the methodological and epistemological perspective developed by Smith; in his view, the inquiry i…
Adam Smith and the family
2008
This paper examines Adam Smith’s vision of family life and the role of the family in society as it stems from the Theory of Moral Sentiments. We first discuss textual evidences of Smith’s vision of gender differences and of the relationships between the sexes. Then we turn to TMS’s analysis of marriage and family life, exploring the importance of sentiments in strengthening family bonds and in fostering individuals’ moral education. Then we enlarge our perspective, considering Smith’s view on the role of the family within society, especially as market and non market relationships are concerned. Finally, we focus on Smith’s vision of the possible threats which life in Commercial societies ma…
Adam Smith and The Law
2013
The law is one of the main subjects in Adam Smith’s studies. He deals with it in the Lectures of Jurisprudence (LJ) and in the Wealth of the Nations (WN) and his ethical and philosophical premises are exposed in the Theory of Moral Sentiments (TMS). This interest in law is consistent with enlightenment culture which aspired to elaborate a great Science of Legislation in order to have enough knowledge to reform society and replace the Ancien Régime institutions with new ones able to support the course of progress and improve the life of the people. Yet, Smithian thought, while sharing the cultural aim of his age, is divergent from Juridical Enlightenment in many ways. I explain this divergen…
The role of punishment in the works of Adam Smith
2009
The reformation of criminal justice is one of the great themes in Enlightenment culture and concerned its main exponents from Montesquieu to Beccaria, Filangieri, Bentham. One of the traits of greater modernity in the theories worked out by juridical Enlightenment is the resort to the utilitarianinspired economic analysis. Adam Smith doesn't back out of this scientific and civil commitment, but his doctrine appears significantly different though contemporary to juridical Enlightenment, and is also based on economic argumentations. In this work we will look through the main writings which contain the Smithian thought in search of those parts dealing with the theme of punishment and its socia…