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  1. Virtues and institutions in Smith: a reconstruction
    Published: [2021]
    Publisher:  [University of the Philippines School of Economics], [Diliman, Quezon City]

    I provide a formal explanation of the relationship between the virtues of prudence, justice, and benevolence described by Adam Smith in the Theory of moral sentiments and connect these with the themes Smith subsequently discusses in the Wealth of... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 139
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    I provide a formal explanation of the relationship between the virtues of prudence, justice, and benevolence described by Adam Smith in the Theory of moral sentiments and connect these with the themes Smith subsequently discusses in the Wealth of nations. I contend that the other-regarding concerns Smith discusses as internally held virtues in TMS are presumed addressed instead by formal mechanisms in the WN - particularly the third-party institutions of law and anonymous market exchange.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/266060
    Series: Discussion paper / UP School of Economics ; no. 2021, 06 (October 2021)
    Subjects: Adam Smith Problem; virtues; institutions; self-interest; altruism
    Scope: 1 Online-Ressource (circa 12 Seiten)