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Adam Smith Today

Iain McLean

in Adam Smith, Radical and Egalitarian: An Interpretation for the 21st Century

Published in print:
2006
Published Online:
September 2012
ISBN:
9780748623525
eISBN:
9780748672110
Item type:
chapter
Publisher:
Edinburgh University Press
DOI:
10.3366/edinburgh/9780748623525.003.0007
Subject:
History, History of Ideas

This chapter explains that Adam Smith was in favour of liberty, of equality and of fraternity. It evaluates the uncanny similarities between the ideas of Adam Smith and those of Gordon Brown. Smith's ... More


The Invisible Hand and the Helping Hand

Iain McLean

in Adam Smith, Radical and Egalitarian: An Interpretation for the 21st Century

Published in print:
2006
Published Online:
September 2012
ISBN:
9780748623525
eISBN:
9780748672110
Item type:
chapter
Publisher:
Edinburgh University Press
DOI:
10.3366/edinburgh/9780748623525.003.0005
Subject:
History, History of Ideas

This chapter explores some of the ‘left-wing’ credentials of Adam Smith's maxims of taxation, even though they are a part of his thought that may seem to bring more comfort to the contemporary Right ... More


The Life of an Absent-minded Professor

Iain McLean

in Adam Smith, Radical and Egalitarian: An Interpretation for the 21st Century

Published in print:
2006
Published Online:
September 2012
ISBN:
9780748623525
eISBN:
9780748672110
Item type:
chapter
Publisher:
Edinburgh University Press
DOI:
10.3366/edinburgh/9780748623525.003.0001
Subject:
History, History of Ideas

This chapter introduces the life of Adam Smith as an absent-minded professor. Smith became absent-minded as he grew up. The events of his quiet life give vital clues as to how and why he shaped the ... More


Merriment and Diversion: Smith on Public Finance and Public Choice

Iain McLean

in Adam Smith, Radical and Egalitarian: An Interpretation for the 21st Century

Published in print:
2006
Published Online:
September 2012
ISBN:
9780748623525
eISBN:
9780748672110
Item type:
chapter
Publisher:
Edinburgh University Press
DOI:
10.3366/edinburgh/9780748623525.003.0004
Subject:
History, History of Ideas

This chapter investigates where Adam Smith thought the invisible hand worked benignly in the economy, and where it failed to overcome the visible hands of meddling politicians and economic agents. ... More


The French and American Smiths

Iain McLean

in Adam Smith, Radical and Egalitarian: An Interpretation for the 21st Century

Published in print:
2006
Published Online:
September 2012
ISBN:
9780748623525
eISBN:
9780748672110
Item type:
chapter
Publisher:
Edinburgh University Press
DOI:
10.3366/edinburgh/9780748623525.003.0006
Subject:
History, History of Ideas

This chapter elaborates the posthumous reputation for Adam Smith as a hammer of the French Revolution. Smith's policy advice shows him to be no friend of the American colonies. But in other respects, ... More


Adam Smith, Radical and Egalitarian: An Interpretation for the 21st Century

Iain McLean

Published in print:
2006
Published Online:
September 2012
ISBN:
9780748623525
eISBN:
9780748672110
Item type:
book
Publisher:
Edinburgh University Press
DOI:
10.3366/edinburgh/9780748623525.001.0001
Subject:
History, History of Ideas

This book aims to show that Adam Smith (1723–90), the author of Inquiry into…the Wealth of Nations, was not the promoter of ruthless laissez-faire capitalism that is still frequently depicted. His ... More


A Weak State and a Weak Church

Iain McLean

in Adam Smith, Radical and Egalitarian: An Interpretation for the 21st Century

Published in print:
2006
Published Online:
September 2012
ISBN:
9780748623525
eISBN:
9780748672110
Item type:
chapter
Publisher:
Edinburgh University Press
DOI:
10.3366/edinburgh/9780748623525.003.0002
Subject:
History, History of Ideas

This chapter discusses the weak church and the weak state which alone made it possible for Adam Smith's thought to emerge at all, but which set him a range of intellectual problems to solve in his ... More


A Non-religious Grounding of Morals: Smith and the Scottish Enlightenment

Iain McLean

in Adam Smith, Radical and Egalitarian: An Interpretation for the 21st Century

Published in print:
2006
Published Online:
September 2012
ISBN:
9780748623525
eISBN:
9780748672110
Item type:
chapter
Publisher:
Edinburgh University Press
DOI:
10.3366/edinburgh/9780748623525.003.0003
Subject:
History, History of Ideas

This chapter reports the moralism of Adam Smith. The weak church and the weak state had a double impact on the Scottish Enlightenment. Smith's moral theory is not the same as either Francis ... More


Afterword: Mercantilism to Macroeconomics

Craig Muldrew

in Mercantilism Reimagined: Political Economy in Early Modern Britain and Its Empire

Published in print:
2013
Published Online:
January 2014
ISBN:
9780199988532
eISBN:
9780199369997
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199988532.003.0017
Subject:
History, World Early Modern History, History of Ideas

The recurrence of economic crises throughout the twentieth century led scholars —perhaps most famously John Maynard Keynes—back to the very same questions critical to the early modern thinkers ... More


The Evolution of Technological Knowledge: Reflections on Technological Innovation as an Evolutionary Process

Brian J. Loasby

in The Evolution of Cultural Entities

Published in print:
2002
Published Online:
January 2015
ISBN:
9780197262627
eISBN:
9780191771989
Item type:
chapter
Publisher:
British Academy
DOI:
10.5871/bacad/9780197262627.003.0010
Subject:
History, History of Ideas

This chapter analyses Technological Innovation as an Evolutionary Process, a book that explores the analogy between technical innovation and biological evolution, and whether such an analogy could be ... More


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