Adam Smith's model of man and some of its consequences


Abstract
This papers discusses the relationship of the model of man presented by Adam Smith in The Theory of Moral Sentiments (1759) and the assumptions about human behavior which are quintessential for his An Inquiry into the Nature and Causes of the Wealth of Nations (1776/77). It is argued that Smith's observation of a propensity to truck, barter and exchange one thing for another does not in general hold for human behavior. Moreover, there appears to be an inherent conflict with sympathy, the key concept proposed in The Theory of Moral Sentiments, if we interpret it as the source of social evaluation, self-evaluation and individual action. Following Karl Polanyi's critical comments in The Great Transformation (1944), we will discuss some of the consequences of this incongruence for the philosophical foundations of modern economics and economic policy.
Keywords No keywords specified (fix it)
Categories (categorize this paper)
Options
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Revision history

Download options

Our Archive


Upload a copy of this paper     Check publisher's policy     Papers currently archived: 47,122
External links

Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library

References found in this work BETA

No references found.

Add more references

Citations of this work BETA

No citations found.

Add more citations

Similar books and articles

Analytics

Added to PP index
2009-01-28

Total views
6 ( #1,005,461 of 2,289,307 )

Recent downloads (6 months)
1 ( #842,814 of 2,289,307 )

How can I increase my downloads?

Downloads

My notes

Sign in to use this feature