This "Companion" of nineteen essays, accompanied with the editor's lively introduction, investigates aspects of the philosophical foundations of Adam Smith's thought as well as his economic analysis and approach to policy. The authors view Adam Smith's work as an interconnected system of thought, which incorporates both moral philosophy and economics. Adam Smith's earlier work in moral philosophy "The Theory of Moral Sentiments" receives significant consideration. The authors offer important connections and insights into the sort of economics Adam Smith is more widely known for in his "Wealth of Nations".
List of figures and Tables
Introduction by Jeffrey T. Young
Table of Smith's primary works by Brendan Long
Smith's Life and Major Works by Brendan Long
Introduction by Jeffrey T. Young
Pt. I Adam Smith's System and Its Antecedents: Philosophical Concerns
1 Adam Smith, the Last of the Former Virtue Ethicists by Deirdre McCloskey 3
2 Adam Smith and Aristotle by Gloria Vivenza 25
3 Agency and Discourse: Revisiting the Adam Smith Problem by Vivienne Brown 52
4 Adam Smith's Theism by Brendan Long 73
5 Smith's Philosophy and Economic Methodology by Sheila C. Dow 100
6 The Moral Philosophical Frame of Adam Smith s Economic Thought by Jerry Evensky 112
Pt. II Adam Smith's System and Its Antecedents: Analytical Economics
7 Adam Smith, the Physiocrats and Turgot by Peter Groenewegen 135
8 Wants vs. Needs: A Smithian Model of General Equilibrium by Amos Witztum 141
9 Stochastic Demand and the Extent of the Market: Another Piece of the Smith Puzzle by James M. Buchanan and Yong J. Yoon 173
10 Smithian Answers to Some Puzzling Results in the Experimental Literature by Maria Pia Paganelli 181
Pt. III Applications; Policy Analysis
11 The Invisible Hand by Warren J. Samuels 195
12 Adam Smith and Economic Development by Salim Rashid 211
13 'In the Heat of Writing': Polemics and the 'Error of Adam Smith' in the Matter of the Corn Bounty by Glenn Hueckel 229
14 The Mercantile System by Andrew S. Skinner 261