9 found
Order:
  1.  77
    Sympathy and Approbation in Hume and Smith: A Solution to the Other Rational Species Problem 1.David M. Levy & Sandra J. Peart - 2004 - Economics and Philosophy 20 (2):331-349.
    David Hume's sympathetic principle applies to physical equals. In his account, we sympathize with those like us. By contrast, Adam Smith's sympathetic principle induces equality. We consider Hume's “other rational species” problem to see whether Smith's wider sympathetic principle would alter Hume's conclusion that “superior” beings will enslave “inferior” beings. We show that Smith introduces the notion of “generosity,” which functions as if it were Hume's justice even when there is no possibility of contract.
    Direct download (8 more)  
     
    Export citation  
     
    Bookmark   8 citations  
  2.  29
    Analytical Egalitarianism, Anecdotal Evidence and Information Aggregation Via Proverbial Wisdom.David M. Levy & Sandra J. Peart - 2004 - Journal of Economic Methodology 11 (4):411-435.
    In this paper, we compare how individuals acquire and process information relative to their scientific counterparts. Individuals rely on a heuristic, what we call 'proverbial wisdom', while experts rely on models. We then examine the properties of 'proverbial wisdom' relative to models. As a preliminary step towards comparing models and proverbs, we propose commensurate idealizations of models and proverbs. We then demonstrate that aggregated anecdotal evidence can improve upon the expert's model-based estimation if the model is not exactly correct. Thus, (...)
    Direct download (3 more)  
     
    Export citation  
     
    Bookmark   1 citation  
  3. Escape From Democracy: The Role Of Experts And The Public In Economic Policy.David M. Levy & Sandra J. Peart - 2017
    No categories
     
    Export citation  
     
    Bookmark   2 citations  
  4. Towards an Economics of Natural Equals: A Documentary History of the Early Virginia School.David M. Levy & Sandra J. Peart - 2020 - Cambridge University Press.
    The Virginia School's economics of natural equals makes consent critical for policy. Democracy is understood as government by discussion, not majority rule. The claim of efficiency unsupported by consent, as common in orthodox economics, appeals to social hierarchy. Politics becomes an act of exchange among equals where the economist is only entitled to offer advice to citizens, not to dictators. The foundation of natural equality and consent explains the common themes of James Buchanan and John Rawls as well as Ronald (...)
    No categories
     
    Export citation  
     
    Bookmark  
  5.  14
    A World Ruled by Number: William Stanley Jevons and the Rise of Mathematical Economics, Margaret Schabas. Princeton: Princeton University Press, 1990, Xii + 192 Pages. [REVIEW]Sandra J. Peart - 1993 - Economics and Philosophy 9 (1):183.
  6. Hayek on Mill: The Mill-Taylor Friendship and Related Writings.Sandra J. Peart (ed.) - 2014 - University of Chicago Press.
    Best known for reviving the tradition of classical liberalism, F. A. Hayek was also a prominent scholar of the philosopher John Stuart Mill. One of his greatest undertakings was a collection of Mill’s extensive correspondence with his longstanding friend and later companion and wife, Harriet Taylor-Mill. Hayek first published the Mill-Taylor correspondence in 1951, and his edition soon became required reading for any study of the nineteenth-century foundations of liberalism. This latest addition to the University of Chicago Press’s Collected Works (...)
     
    Export citation  
     
    Bookmark  
  7.  59
    Jevons's Applications of Utilitarian Theory to Economic Policy*: Sandra J. Peart.Sandra J. Peart - 1990 - Utilitas 2 (2):281-306.
    The precise nature of W. S. Jevons's utilitarianism as a guiding rule for economic policy has yet to be investigated, and that will be the first issue treated in this paper. While J. A. Schumpeter, for instance, asserted that ‘some of the most prominent exponents of marginal utility’, were ‘convinced utilitarians’, he did not investigate the further implications for Jevons's policy analysis.
    Direct download (6 more)  
     
    Export citation  
     
    Bookmark  
  8.  3
    No Title Available: Reviews.Sandra J. Peart - 1993 - Economics and Philosophy 9 (1):183-190.
  9.  7
    Valuing (and Teaching) the Past.Sandra J. Peart & David M. Levy - manuscript
    There is a difference between the private and social cost of preserving the past. While it may be privately rational to forget the past, the social cost is significant: we fail to see that Classical political economy is a polemic against racism. The past is a rich source of surprises and debates, and resources on the Web are uniquely suited to teaching such wide-ranging debates. Our ASecret History of the Dismal Science on the web, provides a rich series of windows (...)
    No categories
    Direct download  
     
    Export citation  
     
    Bookmark