... are not widely recognised in the existing literature. This article shows that Marx assumed a tendentially equalised rate of exploitation to be the outcome of labour mobility and that he viewed this as a general tendency of capitalist economies. Marx draws extensively on Adam Smith to support his views on labour...

.../chorus/standard_publication_model ) Robotic surgery Economics Adam Smith Many economists believe in Adam Smith’s concepts of the invisible hand and price competition. Temporary monopolies created by technological research and investments generally produce incentives. The key players in the market...

.../funder_policies/chorus/standard_publication_model ) Abstract I suggest that Adam Smith’s ‘Digression on Silver’ should be read as his most powerful argument against mercantilism in the Wealth of Nations. For mercantilists money is wealth, according to Smith, and an increase in the quantity of silver...

... theories about musical meaning: as Wilhelm Seidel emphasizes, “Adam Smith’s Essay is wholly exceptional; there is nothing from the period, and for a long time afterwards, to which it can be compared.” ⁵ The enjoyment afforded by instrumental music, Smith holds, is similar...

.... All rights reserved. 2020 This article is published and distributed under the terms of the Oxford University Press, Standard Journals Publication Model ( https://dbpia.nl.go.kr/journals/pages/open_access/funder_policies/chorus/standard_publication_model ) Inequality Adam Smith Fairness...

... Smith Doux commerce Perceived cost versus actual cost of war Special interests Contrary to what is commonly believed, one of the most famous promoters of the benefits of trade, Adam Smith, worries that commerce and the wealth it creates may not decrease, but actually increase international...

... and foundational concept for his ideal of a civilized and free society. Finally, this interpretation of the importance of Smith’s persuasion allows us to overcome the famous Das Adam Smith Problem. Adam Smith Persuasion Sympathy Language and speech were of high importance to Adam Smith. He not only...

...Spencer J Pack; Eric Schliesser © The Author(s) 2017. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved. 2017 Abstract This paper argues that often when Adam Smith used the word ‘natural’, it was not in contradistinction to supernatural...

... close analysis in this paper, I wish to trace the concept’s prominence in Adam Smith’s thought and to fine-tune its definitional aspects. The thrust of Smith’s argument is to delineate the mechanism via which the needs of the poorest in society are satisfied. Grounded in an understanding of need...

... by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved. 2016 Abstract This paper identifies extensive connections between Adam Smith’s and William James’s accounts of the psychological basis of intellectual, material and moral progress. These connections...

... the manuscripts. The private circulation of feeling and sympathy within individual entries mimics the physical circulation of texts and ideas between the couple. Mary Godwin Percy Bysshe Shelley Adam Smith collaboration sympathy life-writing community manuscript Mary did not know our danger. She...

... to the division of labour. ( WN I.ii.3) Abstract According to Adam Smith, markets and trade are, in principle, good things—provided there is competition and a regulatory framework that prevents ruthless selfishness, greed and rapacity from leading to socially harmful outcomes. But competition and market...

... sufficient to sustain the continuing production and supply of the commodity. As J. S. Mill wrote: ‘Adam Smith . . . calls . . . natural price . . . the price which will enable it to be permanently produced and brought to market’ ([1848] 1909, pp 445–6). Understood in this way as what may be called...

... for agricultural goods. Adam Smith Economic Development Natural and Historical Progress Endogenous Demand and Structural Change B12 N00 O10 According to the standard view of Smith’s theory of economic growth, supply-side factors are central to the process of economic change. Capital accumulation...

... of the Cambridge Political Economy Society. All rights reserved. 2013 Abstract The standard vision of the self in economics has been backdated onto a misrepresented Adam Smith but has more in common with the egoistic vision of Thomas Hobbes. This self, given its narrowness, has provoked criticism concerning its...

...Heinz D. Kurz Adam Smith Classical political economy David Ricardo Income distribution Karl Marx Objectivism Piero Sraffa Value A12 B12 B16 B24 B31 D24 D33 D51 Address for correspondence: Department of Economics, University of Graz, RESOWI-Zentrum 4F, 8010 Graz, Austria...

..., was not itself the object of any of our senses, but could be perceived only by the understanding. It was by the sensible qualities, however, that we judged of the specific Essence of each object’ ( Smith, 1980 , pp. 128–9). Adam Smith ‘History of Astronomy’ Scientific explanation Inference to the best...

... cheating. Both symbioses and brief‐exchange mutualisms have transformed whole ecosystems. These mutualisms may be steps towards ecosystems which, like Adam Smith’s ideal economy, serve their members’ common good. Adam Smith brief‐exchange mutualisms cheating mutualistic ecosystems partner choice...

...Hugh Goodacre Adam Smith was undoubtedly an exemplary representative of the Enlightenment movement in eighteenth century European philosophy, a champion of its professed principle of defending the weak against the powerful, and a pioneer in the exploration of a wide range of issues arising...

... diminishing returns into play in the agricultural sector; and in the case of Adam Smith, the expansion of the size of the market should lead to increasing returns of one kind or the other. 8 In Sraffa's system, the theoretical distinction between the problematic of allocation of labour and growth becomes...