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Smith on Smith

Last but by no means least here is an extract from Vernon’s Smith’s foreword. This book is a welcome addition to the resurgent scholarly and practical interest in Adam Smith’s contributions to market economics and its antecedents in the social order of human culture. In Smith, propriety concerned the rules that govern human sociability by…

The ‘Invisible Hand’ Phenomenon in Philosophy and Economics

Here is the intro to Gavin Kennedy’s chapter. This chapter discusses Adam Smith’s rhetorical use of the ‘invisible hand’ in the context of his teachings on metaphors as figures of speech in his lectures on Rhetoric (Edinburgh, 1748-51; Glasgow, 1752-64 (LRBL). After Smith died (1790), a strikingly long-period of silence about his three references to…

Adam Smith: 18th Century Polymath

Here is the intro to Roger Frantz’ chapter. ~~~~~~~ Adam Smith (1723-1790) was a polymath with several of his key concepts and theories either having modern counterparts and/or “enjoying” empirical support. Smith wrote about the origin and proper use of language, grammar, the history of astronomy and ancient physics, moral philosophy, music, dance, and poetry,…

Making Visible “the Invisible Hand”: The Mission of Social Simulation

Cristiano Castelfranchi’s interesting article. For more on the invisible hand see Propriety and Prosperity: New Studies on the Philosophy of Adam Smith with the following contributions: Metaphor Made Manifest: Taking Seriously Smith’s ‘Invisible Hand’ by Eugene Heath The ‘Invisible Hand’ Phenomenon in Philosophy and Economics by Gavin Kennedy Instincts and the Invisible Order: The Possibility of…