The Invisible Hand Of God In Adam Smith
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Invisible Hand
Author: Andres Marroquin
language: en
Publisher: The Minerva Group, Inc.
Release Date: 2002-09
Invisible Hand: The Wealth of Adam Smith covers the main events in the life of this brilliant theorist, and explores the intellectual propositions of the founder of modern economics. A useful introductory tool for everyone interested in the history and evolution of ideas, this book shows that Smith was as much a moral philosopher as an economist. His works, The Wealth of Nations and The Theory of Moral Sentiments, complement each other. Adam Smith built the basis for a sound tradition of thought that defends freedom and common sense. He explored and developed ideas that are as valid and valuable today as they were when he wrote them.. Andrés Marroquín has a B.A. in Economics (Summa Cum Laude) from Universidad Francisco Marroquín in Guatemala. His personal web site is at http: //www.andresmarroquin.com
The Invisible Hand of God in Adam Smith
Adam Smith is revered as the father of modern economics. Analysis of his writings, however, reveals a profoundly medieval outlook. Smith is preoccupied with the need to preserve order in society. His scientific methodology emphasises reconciliation with the world we live in rather than investigation of it. He invokes a version of natural law in which the universe is a harmonious machine administered by a providential deity. Nobody is uncared for and, in real happiness, we are all substantially equal. No action is without its appropriate reward - in this life or the next. The social desirability of individual self-seeking activity is ensured by the 'invisible hand', that is, the hand of a god who has moulded us so to behave, that the quantity of happiness in the world is always maximised.
Adam Smith's System of Liberty, Wealth, and Virtue
Author: Athol Fitzgibbons
language: en
Publisher: Oxford University Press
Release Date: 1995-07-20
This book examines the influence that Adam Smith's philosophy had on his economics, drawing on the neglected parts of Smith's writings to show that the political and economic theories built logically on his morals. It analyses the significance of his stoic beliefs, his notions of art and music, astronomy, philosophy and war, and shows that Smith's invisible hand was part of a 'system' that was meant to replace medieval Christianity with ethic of virtue in this world rather than the next. Smith was motivated primarily by a political ideal, a moral version of liberalism. He rejected the political philosophy of the Greeks and Christians as authoritarian and unworldly, but contrary to what many economists believe, he also rejected the amoral liberalism that was being advocated by his countryman and friend David Hume. Far from being myopic about self-love, Smith arrived at his theories of free trade, economic growth, and alienation via his reinterpretation of Stoic virtue. Of interest to economists, philosophers, political theorists, sociologists and lawyers concerned with jurisprudence, this book is clearly written, and its innovations reveal the hitherto hidden unity in Smith's overarching system of morals, politics and economics.