Political Economy

political economy

Pro-Slavery, Anti-Smith

Timothy Sandefur for AdamSmithWorks

April 13, 2022

Francis Hutcheson: Property as a Way to Virtue

Erik Matson for AdamSmithWorks

March 2 2022
The rudimentary conventions of property emerge in Hutcheson’s account, as they do for Adam Smith, as a consequence of our native moral sentiments.

Adam Smith and "Market Failure" Fixers

Jason Briggeman for AdamSmithWorks

Smith did not intend for us to view the system of natural liberty as an ideal system; he himself advocated some interventions...Some government actions sacrifice the ordinary laws of justice to an idea of public utility, and some of those actions ought to be taken.

February 16, 2022

How Smithian was Sima Qian?

Kwok Ping Tsang for AdamSmithWorks

March 24, 2021

How much can we extract modern meanings from ancient texts, and why should we beware reading too much into the past?

From Scotland to Buenos Aires: Adam Smith, Juan Hipólito Vieytes, and the Role of Self-Interest

Alvaro Perpere Viñuales for AdamSmithWorks

March 10, 2021

Hispanic culture did not seem very compatible with this praise of self-interest, which at first glance sounded excessively selfish and contrary to the religious moral maxim to love thy neighbor.

A Brief History of the Editions of TMS: Part 2

Erik W. Matson for AdamSmithWorks

If we confine ourselves to the editions of TMS we see Smith, in the first edition, set out largely on a project of moral anatomy. He lays out a novel account of moral judgment through sympathy. But he came gradually to blend his anatomy with painting, to fuse science with art.

December 4, 2020

A Brief History of the Editions of TMS: Part I

Erik W. Matson for AdamSmithWorks

Smith’s evolution across the six editions of TMS showcases his desire to refine his moral philosophy in an effort to extend what David Hume called “the science of man.”

November 25, 2020

Would Adam Smith Protest in a Pandemic?

Maria Pia Paganelli and Anne-Pauline De Cler for AdamSmithWorks

strong resentment and thirst for vengeance, which are approvable according to Smith because they are a reaction to the disapproved of action of police brutality, can also be viewed as nourished by the mutual sympathy that is shared within a large community.

June 24, 2020

Adam Smith and T. Robert Malthus

Ross Emmett for AdamSmithWorks

January 8, 2020

Division of Labor, Part 1

by Michael Munger for AdamSmithWorks

August 7, 2019

Self Interest Rightly Understood

by Lauren Hall for AdamSmithWorks

October 1, 2018