18,540 research outputs found
ADAM SMITH'S OPTIMISTIC TELEOLOGICAL VIEW OF HISTORY
Adam Smith's four-stage theory provides the framework for his writings on history. The fourth stage is the commercial epoch; the culmination of history in this stage is a key component in the conventional interpretation of Adam Smith as a prophet of commercialism. In two historical case studies Smith shows the capacity of commercial society to regenerate itself. This potent capacity suggests that commercial society is inevitable. At a certain point in time it also overcomes the major obstacles to its permanence. Smith's philosophy of history anticipates the end of history views of Kant and Hegel.Political Economy,
How Might Adam Smith Pay Professors Today?
Adam Smith’s proposal for paying professors was intended to induce increased faculty knowledge. If students have imperfect information about what they learn, and universities can only imperfectly measure the input of faculty time in student learning, publications may be used to measure faculty knowledge. If professors’ ability to publish is positively related to their ability to produce student learning, which universities can imperfectly measure, publications may be necessary to attract more able professors. Since research signals faculty knowledge, schools that do not value publications per se could require higher publication standards and pay higher wages than schools that value only publications.
ADAM SMITH'S VIEW OF HISTORY: CONSISTENT OR PARADOXICAL?
The conventional interpretation of Adam Smith is that he is a prophet of commercialism. The liberal capitalist reading of Smith is consistent with the view that history culminates in commercial society. The first part of the article develops this optimistic interpretation of Smith's view of history. Smith implies that commercial society is the end of history because 1) it supplies the ends of nature that he identifies; 2) it is inevitable; and 3) it is permanent. The second part of the article shows that Smith has some dark moments in his writings where he seems to reject completely such teleological notions. In this more civic humanist mood he confesses that commercial society does not supply the ends of nature, nor is it inevitable, nor is it permanent. Both views exist in Smith and the commentator is forced to choose between passages in Smith's work in order to support a particular interpretation of the former's view of history.Political Economy,
Adam Smith and Roman Servitudes
This essay is a preprint of an article that appeared at: Tijdschrift voor Rechstsgeschiedenis, 72 (2004), 327–57.This essay discusses Adam Smith historical jurisprudence and his use of Roman law materials in his Lectures on Jurisprudence. It argues that Smith found it difficult to maintain his theory of legal development in the face of a highly developed body of Roman law literature
Critical Values Robust to P-hacking
P-hacking is prevalent in reality but absent from classical hypothesis
testing theory. As a consequence, significant results are much more common than
they are supposed to be when the null hypothesis is in fact true. In this
paper, we build a model of hypothesis testing with p-hacking. From the model,
we construct critical values such that, if the values are used to determine
significance, and if scientists' p-hacking behavior adjusts to the new
significance standards, significant results occur with the desired frequency.
Such robust critical values allow for p-hacking so they are larger than
classical critical values. To illustrate the amount of correction that
p-hacking might require, we calibrate the model using evidence from the medical
sciences. In the calibrated model the robust critical value for any test
statistic is the classical critical value for the same test statistic with one
fifth of the significance level
Recommended from our members
Critical Values Robust to P-hacking
P-hacking is prevalent in reality but absent from classical hypothesis
testing theory. As a consequence, significant results are much more common than
they are supposed to be when the null hypothesis is in fact true. In this
paper, we build a model of hypothesis testing with p-hacking. From the model,
we construct critical values such that, if the values are used to determine
significance, and if scientists' p-hacking behavior adjusts to the new
significance standards, significant results occur with the desired frequency.
Such robust critical values allow for p-hacking so they are larger than
classical critical values. To illustrate the amount of correction that
p-hacking might require, we calibrate the model using evidence from the medical
sciences. In the calibrated model the robust critical value for any test
statistic is the classical critical value for the same test statistic with one
fifth of the significance level
THE THEOLOGICAL FOUNDATION OF ADAM SMITH'S WORK
The paper will discuss the theological foundation to Smith's writings. Teleology, final causes and divine design were initially seen as central to understanding Smith's writings. Over time, this view fell out of fashion. In the period after World War II, with the rise of positivism, commentators tended to overlook or downplay this interpretation. In the last decade, or so, teleology has started to be restored to its former position as an essential element in understanding Smith. After spelling out Smith's teleology and his view of final causes, divine design and the ends of nature, we try to explain the Panglossian nature of the 'new theistic view' of Smith. While our view differs somewhat, we agree with the essence of the 'new view' claim: a theological view exists in Smith which underpins his moral and economic theories.Political Economy,
Interview. Matthew Joseph with Adam Gussow, musician and author
Interview in which Adam Gussow discusses hill country blues musi
Finistère
Finistère is a satirical climate crisis game made for the playdate and its unique controller interface, the crank.As a forest craftsperson you must manage your forest. But time is of the essence.The climate crisis has become an ordinary part of our lives because of government inaction.Finistère plays on the individualistic framing of climate action as a lifestyle choice, rather than the scale and urgency of the climate crisis which calls for "rapid and transformative change" (IPCC 2015) and systemic action.Finistère will be available while in development and released for free here on itch.io (playdate required), all the source code is also released as free software.Finistère was made by Adam Procter (Concept, Design & Art Work, Code hacking), Mathew Louis Parker (Design and Programming) and RogueKenshi (Music / Sound Design) and all our test players.To load this game onto your playdate please follow the playdate guide after downloading - https://help.play.date/games/sideloading/https://gitlab.adamprocter.co.uk/adamprocter/forest-craftsperson - game sourcecode https://play.date/ - playdat
- …
