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Adam Smith's marketplace of life

Author: James R Otteson
Publisher: Cambridge ; New York : Cambridge University Press, 2002.
Edition/Format:   Book : EnglishView all editions and formats
Database:WorldCat
Summary:
Publisher Description (unedited publisher data) Adam Smith wrote two books, one about economics and the other about morality. His Wealth of Nations argues for a largely free-market economy, while his Theory of Moral Sentiments argues that human morality develops out of a mutual sympathy that people seek with one another. How do these books go together? How do markets and morality mix? James Otteson provides a  Read more...
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Named Person: Adam Smith; Adam Smith; Adam Smith; Adam (Philosoph) Smith; Adam Smith
Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: James R Otteson
ISBN: 0521816254 9780521816250 0521016568 9780521016568
OCLC Number: 49260373
Description: xiii, 338 p. ; 24 cm.
Contents: Adam Smith's moral theory, part one: sympathy and the impartial spectator procedure --
Smith's moral theory, part two: conscience and human nature --
The marketplace of morality --
The 'Adam Smith problem' --
The market model and the familiarity principle: solving the 'Adam Smith problem' --
Justifying smithian moral standards --
The unintended order of human social life: Language, marketplaces, and morality.
Responsibility: James R. Otteson.
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Abstract:

Publisher Description (unedited publisher data) Adam Smith wrote two books, one about economics and the other about morality. His Wealth of Nations argues for a largely free-market economy, while his Theory of Moral Sentiments argues that human morality develops out of a mutual sympathy that people seek with one another. How do these books go together? How do markets and morality mix? James Otteson provides a comprehensive examination and interpretation of Smith's moral theory and shows how his conception of the nature of morality applies to his understanding of markets, language and other social institutions. Considering Smith's notions of natural sympathy, the impartial spectator, human nature, and human conscience the author also addresses the issue of whether Smith thinks that moral judgments enjoy a transcendent sanction. James Otteson sees Smith's theory of morality as an institution that develops unintentionally but nevertheless in an orderly way according to a market model.

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