Erasing The Invisible Hand

Erasing The Invisible Hand Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of Erasing The Invisible Hand book. This book definitely worth reading, it is an incredibly well-written.

Erasing the Invisible Hand

Warren J. Samuels
Erasing the Invisible Hand Book PDF

Author : Warren J. Samuels
Publisher : Cambridge University Press
Page : 128 pages
File Size : 49,6 Mb
Release : 2011-09-12
Category : Business & Economics
ISBN : 9781139498357

Get Book

Erasing the Invisible Hand by Warren J. Samuels Pdf

This book examines the use, principally in economics, of the concept of the invisible hand, centering on Adam Smith. It interprets the concept as ideology, knowledge, and a linguistic phenomenon. It shows how the principal Chicago School interpretation misperceives and distorts what Smith believed on the economic role of government. The essays further show how Smith was silent as to his intended meaning, using the term to set minds at rest; how the claim that the invisible hand is the foundational concept of economics is repudiated by numerous leading economic theorists; that several dozen identities given the invisible hand renders the term ambiguous and inconclusive; that no such thing as an invisible hand exists; and that calling something an invisible hand adds nothing to knowledge. Finally, the essays show that the leading doctrines purporting to claim an invisible hand for the case for capitalism cannot invoke the term but that other nonnormative invisible hand processes are still useful tools.

Erasing the Invisible Hand

Warren J. Samuels
Erasing the Invisible Hand Book PDF

Author : Warren J. Samuels
Publisher : Unknown
Page : 360 pages
File Size : 50,9 Mb
Release : 2011
Category : Capitalism
ISBN : 1139122282

Get Book

Erasing the Invisible Hand by Warren J. Samuels Pdf

Examines the use in economics of the concept of the invisible hand from Adam Smith.

Erasing the Invisible Hand

Warren J. Samuels,William H. Perry
Erasing the Invisible Hand Book PDF

Author : Warren J. Samuels,William H. Perry
Publisher : Unknown
Page : 360 pages
File Size : 52,9 Mb
Release : 2014-05-14
Category : BUSINESS & ECONOMICS
ISBN : 1139127209

Get Book

Erasing the Invisible Hand by Warren J. Samuels,William H. Perry Pdf

This book examines the use, principally in economics, of the concept of the invisible hand, centering on Adam Smith. It interprets the concept as ideology, knowledge, and a linguistic phenomenon. It shows how the principal Chicago School interpretation misperceives and distorts what Smith believed on the economic role of government. The essays further show how Smith was silent as to his intended meaning, using the term to set minds at rest; how the claim that the invisible hand is the foundational concept of economics is repudiated by numerous leading economic theorists; that several dozen identities given the invisible hand renders the term ambiguous and inconclusive; that no such thing as an invisible hand exists; and that calling something an invisible hand adds nothing to knowledge. Finally, the essays show that the leading doctrines purporting to claim an invisible hand for the case for capitalism cannot invoke the term but that other nonnormative invisible hand processes are still useful tools.

Erasing the Invisible Hand

Warren J. Samuels
Erasing the Invisible Hand Book PDF

Author : Warren J. Samuels
Publisher : Cambridge University Press
Page : 358 pages
File Size : 49,9 Mb
Release : 2011-09-12
Category : Business & Economics
ISBN : 0521517257

Get Book

Erasing the Invisible Hand by Warren J. Samuels Pdf

This book examines the use, principally in economics, of the concept of the invisible hand, centering on Adam Smith. It interprets the concept as ideology, knowledge, and a linguistic phenomenon. It shows how the principal Chicago School interpretation misperceives and distorts what Smith believed on the economic role of government. The essays further show how Smith was silent as to his intended meaning, using the term to set minds at rest; how the claim that the invisible hand is the foundational concept of economics is repudiated by numerous leading economic theorists; that several dozen identities given the invisible hand renders the term ambiguous and inconclusive; that no such thing as an invisible hand exists; and that calling something an invisible hand adds nothing to knowledge. Finally, the essays show that the leading doctrines purporting to claim an invisible hand for the case for capitalism cannot invoke the term but that other nonnormative invisible hand processes are still useful tools.

The Hand Behind the Invisible Hand

Mittermaier, Karl
The Hand Behind the Invisible Hand Book PDF

Author : Mittermaier, Karl
Publisher : Bristol University Press
Page : 278 pages
File Size : 54,6 Mb
Release : 2020-07-22
Category : Business & Economics
ISBN : 9781529209099

Get Book

The Hand Behind the Invisible Hand by Mittermaier, Karl Pdf

Available Open Access under CC-BY-NC-ND Made famous by the Enlightenment thinker Adam Smith, the concept of an ‘invisible hand’ might be taken to imply that a government that governs least governs the best, from the viewpoint of society. Here an invisible hand appears to represent unfettered market forces. Drawing from this much-contested notion, Mittermaier indicates why such a view represents only one side of the story and distinguishes between what he calls pragmatic and dogmatic free marketeers. Published posthumously, with new contributions by Daniel Klein, Rod O’Donnell and Christopher Torr, this book outlines Mittermaier’s main thesis and his relevance for ongoing debates within economics, politics, sociology and philosophy.

Machines, Bodies and Invisible Hands

Stefano Fiori
Machines Bodies and Invisible Hands Book PDF

Author : Stefano Fiori
Publisher : Springer Nature
Page : 245 pages
File Size : 53,5 Mb
Release : 2021-10-23
Category : Business & Economics
ISBN : 9783030852061

Get Book

Machines, Bodies and Invisible Hands by Stefano Fiori Pdf

What was Adam Smith’s intellectual laboratory? How did his economic theory take shape? Were his metaphors of order only residual and ornamental expressions? This book answers these questions by analyzing the formation of the concepts of market and social order in Adam Smith’s work, by considering various aspects of his approach. It analyzes how metaphors and pre-analytical concepts influenced Smith’s theory. In line with studies that deal with the cognitive role of metaphors in science, this book suggests that in Smith’s work metaphors provided a framework, on which basis the theory subsequently developed. Therefore, as such they were part of that intellectual process which made possible the formation of structured concepts. The content and scope of the book permits a more comprehensive interpretation of Smith’s thought, in which many aspects of his work are taken into consideration in order to explain a crucial problem for Smith: the nature and causes of social and economic order. The book also shows that in general, formation of theories is a complex process that includes pre-analytical views as non-residual parts of inquiry.

Adam Smith's Pluralism

Jack Russell Weinstein
Adam Smith s Pluralism Book PDF

Author : Jack Russell Weinstein
Publisher : Yale University Press
Page : 464 pages
File Size : 48,5 Mb
Release : 2013-09-24
Category : Philosophy
ISBN : 9780300163759

Get Book

Adam Smith's Pluralism by Jack Russell Weinstein Pdf

In this thought-provoking study, Jack Russell Weinstein suggests the foundations of liberalism can be found in the writings of Adam Smith (1723-1790), a pioneer of modern economic theory and a major figure in the Scottish Enlightenment. While offering an interpretive methodology for approaching Smith's two major works, "The Theory of Moral Sentiments "and "The Wealth of Nations," Weinstein argues against the libertarian interpretation of Smith, emphasizing his philosophies of education and rationality. Weinstein also demonstrates that Smith should be recognized for a prescient theory of pluralism that prefigures current theories of cultural diversity.

Pareto on Policy

Warren Samuels
Pareto on Policy Book PDF

Author : Warren Samuels
Publisher : Routledge
Page : 260 pages
File Size : 54,7 Mb
Release : 2017-07-05
Category : Political Science
ISBN : 9781351500838

Get Book

Pareto on Policy by Warren Samuels Pdf

Warren Samuels interprets Vilfredo Pareto's Treatise on General Sociology in terms of a general equilibrium model of policy. Three themes and one conviction run throughout the study. The first is a model of policy making involving three sets of variables: power, knowledge, and psychology. The second is a general equilibrium approach to the study of these variables emphasizing their fundamental interdependence. The third is the importance of Pareto's work.Pareto is one of the few individuals whose work has had enormous influence in at least three social sciences in the twentieth century: economics, sociology, and political science. Despite Pareto's attempt in the Treatise to produce a general sociology encompassing all of these sciences (as well as psychology), his work has been treated almost completely from the perspectives of the individual disciplines. This volume's interpretation is consonant with Pareto's intention in the Treatise, namely, to provide a general equilibrium model of the total socio-politico-economic decision-making or policy process.The book is directed at those who comprehend these as processes whose structure, conduct, and performance are a function of complex decision making. Social scientists and policy analysts have moved beyond models that solve problems in the abstract, without working them out through policy making in the real world. The approach outlined here is important to those who are interested in pursuing the working rules of law and morals that govern the distribution and exercise of power as well as the exercise of power that governs the development of these rules.

Adam Smith’s Equality and the Pursuit of Happiness

John E. Hill
Adam Smith s Equality and the Pursuit of Happiness Book PDF

Author : John E. Hill
Publisher : Springer
Page : 252 pages
File Size : 40,8 Mb
Release : 2016-10-05
Category : Political Science
ISBN : 9781137584120

Get Book

Adam Smith’s Equality and the Pursuit of Happiness by John E. Hill Pdf

This book examines Adam Smith’s main principles in Wealth of Nations as the basis for effective policymaking. Adam Smith wanted to increase happiness through this formula for a good life: equality, liberty, and justice. Free market interpretations of Smith, the book argues, grossly misrepresent his thought, emphasizing only liberty and not also equality and justice. This book suggests policies that combine all three in order for happiness to be maximized.

Metaeconomics

Gary D. Lynne
Metaeconomics Book PDF

Author : Gary D. Lynne
Publisher : Springer Nature
Page : 315 pages
File Size : 54,8 Mb
Release : 2020-11-13
Category : Psychology
ISBN : 9783030506018

Get Book

Metaeconomics by Gary D. Lynne Pdf

This book presents the Metaeconomics Framework and Dual Interest Theory, which weave the empathy-based moral and ethical dimension back into key economic questions. Metaeconomics addresses the problem of placing too much emphasis on the market or the government, and thus argues that seeing the link between ego and empathy, self- and other-interest, and market and government will lead to a more just, fair, and sustainable polity. The unique Dual Interest Theory proposes that ego-based self-interest and empathy-based other-interest are joint and internal to each person: it maintains the original proposition from Adam Smith that each person maximizes their own-interest, which Metaeconomics makes clear involves balancing the two joint interests, although self-interest is more primal. The book begins with an explanation of how Metaeconomics connects the other kinds of economics. The book then provides a series of applications of Metaeconomics in heated policy issues, such as elections, finance, family, food, health, natural resources, education, taxes, and extreme inequality, among others. Finally, the book concludes that the only way to save capitalism is to bring empathy into both private and public actions and bring about a more humane balance in market and government.

Propriety and Prosperity

D. Hardwick,L. Marsh
Propriety and Prosperity Book PDF

Author : D. Hardwick,L. Marsh
Publisher : Springer
Page : 283 pages
File Size : 55,9 Mb
Release : 2014-12-18
Category : Business & Economics
ISBN : 9781137321053

Get Book

Propriety and Prosperity by D. Hardwick,L. Marsh Pdf

This book is a collection of specially commissioned chapters from philosophers, economists, and political scientists, focusing on Adam Smith's two main works Theory of Moral Sentiments and Wealth of Nations with a view to bringing Smith to a mainstream philosophy audience while simultaneously informing Smith's traditional constituency.

The Language of Economics

Robert E. Mitchell
The Language of Economics Book PDF

Author : Robert E. Mitchell
Publisher : Springer
Page : 131 pages
File Size : 46,5 Mb
Release : 2016-07-27
Category : Business & Economics
ISBN : 9783319339818

Get Book

The Language of Economics by Robert E. Mitchell Pdf

This Palgrave Pivot demonstrates that the inherited vocabularies of economics and other social sciences contain socially constructed words and theories that bias our very understanding of history and markets, bridging the empirical and moral dimensions of economics in general and inequality in particular. Wealth, GDP, hierarchies, and inequality are socially constructed words infused with moral overtones that academic philosophers and policy analysts have used to raise questions about "fairness" and "justice." This short intellectual and epistemological history explores and elaborates a limited number of key inequality-related terms, concepts, and mental images invented by centuries of economists and others. The author challenges us to question the assumptions made concerning presumably value-free concepts such as inequality, wealth, hierarchies, and the policy goals a nation can be pursuing.

Free Markets with Solidarity and Sustainability

Martin Schlag,Juan A. Mercado
Free Markets with Solidarity and Sustainability Book PDF

Author : Martin Schlag,Juan A. Mercado
Publisher : CUA Press
Page : 328 pages
File Size : 52,6 Mb
Release : 2016-03-25
Category : Business & Economics
ISBN : 9780813228433

Get Book

Free Markets with Solidarity and Sustainability by Martin Schlag,Juan A. Mercado Pdf

To reaffirm capitalism and the free market without dodging questions of social responsibility, we need a serious and academic reflection on the creation of sustainable and shared value. The contributors to 'Free Markets with Sustainability and Solidarity' present their reflections on evolving forms of economics. All are unified by an holistic, Christian anthropology.

Adam Smith’s America

Glory M. Liu
Adam Smith s America Book PDF

Author : Glory M. Liu
Publisher : Princeton University Press
Page : 384 pages
File Size : 45,7 Mb
Release : 2024-04-02
Category : Business & Economics
ISBN : 9780691240862

Get Book

Adam Smith’s America by Glory M. Liu Pdf

The unlikely story of how Americans canonized Adam Smith as the patron saint of free markets Originally published in 1776, Adam Smith’s The Wealth of Nations was lauded by America’s founders as a landmark work of Enlightenment thinking about national wealth, statecraft, and moral virtue. Today, Smith is one of the most influential icons of economic thought in America. Glory Liu traces how generations of Americans have read, reinterpreted, and weaponized Smith’s ideas, revealing how his popular image as a champion of American-style capitalism and free markets is a historical invention. Drawing on a trove of illuminating archival materials, Liu tells the story of how an unassuming Scottish philosopher captured the American imagination and played a leading role in shaping American economic and political ideas. She shows how Smith became known as the father of political economy in the nineteenth century and was firmly associated with free trade, and how, in the aftermath of the Great Depression, the Chicago School of Economics transformed him into the preeminent theorist of self-interest and the miracle of free markets. Liu explores how a new generation of political theorists and public intellectuals has sought to recover Smith’s original intentions and restore his reputation as a moral philosopher. Charting the enduring fascination that this humble philosopher from Scotland has held for American readers over more than two centuries, Adam Smith’s America shows how Smith continues to be a vehicle for articulating perennial moral and political anxieties about modern capitalism.

The Academy of Fisticuffs

Sophus A. Reinert
The Academy of Fisticuffs Book PDF

Author : Sophus A. Reinert
Publisher : Harvard University Press
Page : 610 pages
File Size : 41,6 Mb
Release : 2018-10-22
Category : History
ISBN : 9780674916197

Get Book

The Academy of Fisticuffs by Sophus A. Reinert Pdf

The Italian Enlightenment, no less than the Scottish, was central to the emergence of political economy and creation of market societies. Sophus Reinert turns to Milan in the late 1700s to recover early socialists’ preoccupations with the often lethal tension among states, markets, and human welfare, and the policies these ideas informed.