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Articles 1 - 22 of 22
Full-Text Articles in Other Economics
(Review) A Short History Of Ethics And Economics: The Greeks, Spencer J. Pack
(Review) A Short History Of Ethics And Economics: The Greeks, Spencer J. Pack
Economics Faculty Publications
No abstract provided.
Aristotle's Difficult Relationship With Modern Economic Theory, Spencer J. Pack
Aristotle's Difficult Relationship With Modern Economic Theory, Spencer J. Pack
Economics Faculty Publications
This paper reviews Aristotle's problematic relationship with modern economic theory. It argues that in terms of value and income distribution theory, Aristotle should probably be seen as a precursor to neither classical nor neoclassical economic thought. Indeed, there are strong arguments to be made that Aristotle's views are completely at odds with all modern economic theory, since, among other things, he was not necessarily concerned with flexible market prices, opposed the use of money to acquire more money, and did not think that the unintended consequences of human activity were generally beneficial. The paper argues however, that this interpretation goes …
Smith’S Humean Criticism Of Hume’S Account Of The Origin Of Justice, Spencer J. Pack, Eric Schliesser
Smith’S Humean Criticism Of Hume’S Account Of The Origin Of Justice, Spencer J. Pack, Eric Schliesser
Economics Faculty Publications
Adam Smith criticizes David Hume's account of the origin of and continuing adherence to the rule of law for being not sufficiently Humean. Hume explained that adherence to the rule of law originated in the self-interest to restrain self-interest. According to Smith, Hume does not pay enough attention to the passions of resentment and admiration, which have their source in the imagination. Smith offers a more naturalistic and evolutionary account of the psychological preconditions of the establishment and morality of justice than Hume had. Smith severs the intimate connection that Hobbes and Hume made between justice and property.
(Review) Pierre Force, Self-Interest Before Adam Smith: A Genealogy Of Economic Science, Spencer J. Pack
(Review) Pierre Force, Self-Interest Before Adam Smith: A Genealogy Of Economic Science, Spencer J. Pack
Economics Faculty Publications
Pierre Force, Self-Interest Before Adam Smith: A Genealogy of Economic Science (Cambridge: Cambridge University Press, 2003), pp. ix, 279, $65.00. ISBN 0-52183060-5.
(Review) Self-Interest Before Adam Smith: A Genealogy Of Economic Science, Spencer J. Pack
(Review) Self-Interest Before Adam Smith: A Genealogy Of Economic Science, Spencer J. Pack
Economics Faculty Publications
Pierre Force, Self-Interest Before Adam Smith: A Genealogy of Economic Science (Cambridge: Cambridge University Press, 2003), pp. ix, 279, $65.00. ISBN 0-521 83060-5.
Unpacking ‘Adam Smith: Critical Theorist?’, Spencer J. Pack
Unpacking ‘Adam Smith: Critical Theorist?’, Spencer J. Pack
Economics Faculty Publications
This paper responds to Keith Tribe's provocative Journal of Economic Literature article, “Adam Smith: Critical Theorist?” There Tribe argued that most people most of the time grossly misread Smith, due, among other things, to their quite inadequate appreciation of Smith's linguistic, social, moral, and theological context. Against Tribe, the paper argues that Smith can profitably be read as both an eighteenth-century moralist and a twenty-first century critic. Smith can be a source of inspiration, wisdom and profundity for contemporary economists. Moreover, Smith can be successfully employed by modern economists to change, deepen, and broaden contemporary economic theory.
(Review) Entrepreneurs, Institutions And Economic Change: The Economic Thought Of J. A. Schumpeter (1905-1925), Spencer J. Pack
(Review) Entrepreneurs, Institutions And Economic Change: The Economic Thought Of J. A. Schumpeter (1905-1925), Spencer J. Pack
Economics Faculty Publications
Entrepreneurs, Institutions, and Economic Change: The Economic Thought of J. A. Schumpeter (l905-1925). By Nicolo De Vecchi. Translated by Anne Stone. Brookfield, Vt.: Edward Elgar, l995. 192 pp. $80.00
(Review) Social Limits To Economic Theory, Spencer J. Pack
(Review) Social Limits To Economic Theory, Spencer J. Pack
Economics Faculty Publications
Reviews the book Social Limits to Economic Theory by Jon Mulberg. New York: Routledge, l995. 200 pp. $19.95.
(Review) The Myth Of Adam Smith, Spencer J. Pack
(Review) The Myth Of Adam Smith, Spencer J. Pack
Economics Faculty Publications
The Myth of Adam Smith, By Salim Rashid. Cheltenham, UK: Edward Elgar, 1998. Pp. X, 227. $80.00
Murray Rothbard’S Adam Smith, Spencer J. Pack
Murray Rothbard’S Adam Smith, Spencer J. Pack
Economics Faculty Publications
No abstract provided.
(Reviews) Economic Thought Before Adam Smith And Classical Economics, Spencer J. Pack
(Reviews) Economic Thought Before Adam Smith And Classical Economics, Spencer J. Pack
Economics Faculty Publications
Economic Thought Before Adam Smith: An Austrian Perspective on the History of Economic Thought, Volume I. By Murray N. Rothbard. Brookfield. Vermont: Edward Elgar Publishing Limited, 1995. Pp. 556. $99.95.
Classical Economics: An Austrian Perspective on the History of Economic Thought, Volume II. By Murray N. Rothbard. Brookfield. Vermont: Edward Elgar Publishing Limited, 1995. Pp. 528. $99.95.
(Review) Ian Simpson Ross, The Life Of Adam Smith And Jerry Z. Muller, Adam Smith In His Time And Ours, Spencer J. Pack
(Review) Ian Simpson Ross, The Life Of Adam Smith And Jerry Z. Muller, Adam Smith In His Time And Ours, Spencer J. Pack
Economics Faculty Publications
No abstract provided.
Adam Smith On The Virtues: A Partial Resolution Of The Adam Smith Problem, Spencer J. Pack
Adam Smith On The Virtues: A Partial Resolution Of The Adam Smith Problem, Spencer J. Pack
Economics Faculty Publications
Adam Smith's definition of justice as a moral virtue based on the "passion" of resentment in 'The Theory of Moral Sentiments' (1759), despite seeming contradictions, supports his analysis of an acquisitive, commercial society in 'The Wealth of Nations' (1774) partly by precluding the concept of a just price.
Slavery, Adam Smith’S Economic Vision And The Invisible Hand, Spencer J. Pack
Slavery, Adam Smith’S Economic Vision And The Invisible Hand, Spencer J. Pack
Economics Faculty Publications
Smith was against slavery on moral and economic grounds. The "invisible hand" in societies which allow slavery, operates in such a way that increases in the wealth of the rich, leads to increased misery for the poor free citizens as well as for the slaves themselves. It seems that the beneficial workings of the "invisible hand" are dependent upon commercial societies which arc not based upon the institution of slavery.
Paul Krugman And The Illusion Of The Illusion Of Conflict In International Trade, Spencer J. Pack
Paul Krugman And The Illusion Of The Illusion Of Conflict In International Trade, Spencer J. Pack
Economics Faculty Publications
No abstract provided.
Adam Smith’S Unnaturally Natural (Nonetheless Naturally Unnatural) Use Of The Word Natural, Spencer J. Pack
Adam Smith’S Unnaturally Natural (Nonetheless Naturally Unnatural) Use Of The Word Natural, Spencer J. Pack
Economics Faculty Publications
Natural and nature are complex words, fraught with ambiguity and contradiction. This paper does not attempt to give a complete account of Smith's use of these words. However, it does demonstrate that Smith did not necessarily approve of what he called "natural" or "nature". Economists and others who assume otherwise are in error. A study, analysis, and/or interpretation of Smith's work which depends upon this (at times unstated) assumption - that Smith necessarily approved of "nature" or the "natural"- needs to be read with great care; perhaps even incredulity.1
(Review) Stewart Justman, The Autonomous Male Of Adam Smith, Spencer J. Pack
(Review) Stewart Justman, The Autonomous Male Of Adam Smith, Spencer J. Pack
Economics Faculty Publications
No abstract provided.
(Review) The Political Economy Of Israel, Spencer J. Pack
(Review) The Political Economy Of Israel, Spencer J. Pack
Economics Faculty Publications
The Political Economv of Israel: From Ideology to Stagnation by Yakir Plessner. Albany: State University of New York Press. 1994, 328 pp. $21.95.
Adam Smith’S Invisible/Visible Hand/Chain/Chaos, Spencer J. Pack
Adam Smith’S Invisible/Visible Hand/Chain/Chaos, Spencer J. Pack
Economics Faculty Publications
No abstract provided.
Reglementation, Intervention Et Impot Regressif Dans La Richesse Des Nations, Spencer J. Pack
Reglementation, Intervention Et Impot Regressif Dans La Richesse Des Nations, Spencer J. Pack
Economics Faculty Publications
No abstract provided.
Do Not Dump On The Unoites, Spencer J. Pack
Do Not Dump On The Unoites, Spencer J. Pack
Economics Faculty Publications
No abstract provided.
Schumpeter Plus Optimism Equals Gilder (Ceteris Paribus), Spencer J. Pack
Schumpeter Plus Optimism Equals Gilder (Ceteris Paribus), Spencer J. Pack
Economics Faculty Publications
No abstract provided.