Adam Smith's Economics: Its Place in the Development of Economic Thought (Hardback) book cover

Adam Smith's Economics

Its Place in the Development of Economic Thought

By Maurice Brown

© 2010 – Routledge

204 pages

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Paperback: 9780415521437
pub: 2012-04-10
Hardback: 9780415562010
pub: 2009-12-14
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The conventional received opinion of Adam Smith as an isolated figure, the founder of ‘modern’ economics, is thoroughly mistaken and misleading. This is the central premise of this book, first published in 1988, in which the author argues that by placing Smith’s work in its historical context, we discover profound continuities between Smith’s work and that of his predecessors, and his contemporaries. The effect is to re-orientate our perception of Smith and his achievement. No longer the single-handed champion of free markets and competition whose work revolutionised and completely redirected economics. He appears instead as a brilliant contributor to a deep-rooted contemporary debate, someone who can be placed in a line of thinkers that stretches between Machiavelli and Kant.

Table of Contents

1. Introduction 2. Methodological Approach 3. Smith’s Epistemology: Meaning, Context and the Nature of Science 4. Metascientific Perspectives: The Individual and Society 5. Specialisation and Social Change: The Division of Labour 6. Riot, Debauchery and the Science of a Legislator 7. Purposive Action and Unintended Consequences 8. Economic Consequences and Historical Dynamics

About the Series

Routledge Library Editions: Adam Smith

This five volume Routledge Library Editions set is dedicated to the life and work of Adam Smith, the founding father of modern economics and pioneer of free markets. With individual volumes originally published between 1974 and 1988

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economic History
BUSINESS & ECONOMICS / Economics / Theory