Adam Ferguson In The Scottish Enlightenment

An Essay on the History of Civil Society

Adam Ferguson in the Scottish Enlightenment

Unlike his contemporaries, who saw Europe’s prosperity as confirmation of a utopian future, the Scottish Enlightenment philosopher Adam Ferguson saw a reminder of Rome’s lesson that egalitarian democracy could become a self-undermining path to dictatorship. This is a major reassessment of a critic overshadowed today by David Hume and Adam Smith.

A Genealogy of Self-Interest in Economics

This is the first book to describe the entire developmental history of the human aspects of economics. The issue of “self-interest” is discussed throughout, from pre-Adam Smith to contemporary neuroeconomics, representing a unique contribution to economics. Though the notion of self-interest has been interpreted in several ways by various schools of economics and economists since Smith first placed it at the heart of the field, this is the first book to focus on this important but overlooked topic. Traditionally, economic theory has presupposed that the core of human behavior is self-interest. Nevertheless, some economists, e.g. recent behavioral economists, have cast doubt on this “self-interested” explanation. Further, though many economists have agreed on the central role of self-interest in economic behavior, each economist’s positioning of self-interest in economic theory differs to some degree. This book helps to elucidate the position of self-interest in economic theory. Given its focus, it is a must-read companion, not only on the history of economic thought but also on economic theory. Furthermore, as today’s capitalism is increasingly causing people to wonder just where self-interest lies, it also appeals to general readers.