20,245 research outputs found

    ADAM SMITH'S OPTIMISTIC TELEOLOGICAL VIEW OF HISTORY

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    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,

    ADAM SMITH'S VIEW OF HISTORY: CONSISTENT OR PARADOXICAL?

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    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,

    How Might Adam Smith Pay Professors Today?

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    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.

    THE THEOLOGICAL FOUNDATION OF ADAM SMITH'S WORK

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    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,

    ADAM SMITH'S PESSIMISTIC VIEW OF THE FUTURE OF COMMERCIAL SOCIETY: RHETORIC OR REALITY?

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    Adam Smith is generally viewed as a great optimist about commerce and commercialism. Consistent with this assessment is the conventional view that Smith believed in progress: he had an optimistic view of history. On the other hand, occasionally over the last thirty years commentators, such as Heilbroner, have suggested that Smith actually had a very pessimistic view of history and the prospects of commercial society. Can we explain Smith's apparent inconsistencies? One solution is that Smith "changed his mind" during his lifetime. Another suggestion, proposed by Muller, is that Heilbroner (and others holding similar views) failed to understand Smith's rhetoric. Muller is correct in suggesting that there is exaggeration in some of Smith's pessimistic statements. Nevertheless, Smith's vision has a darker tincture than Muller acknowledges: much of Smith's pessimism about commercial society remains a reality which cannot be neatly explained away as "rhetoric."International Relations/Trade,

    Children\u27s Book Festival: Adam Rubin

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    Adam Rubin is the author of Those Darn Squirrel

    Adam Smith and Roman Servitudes

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    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

    Interview. Matthew Joseph with Adam Gussow, musician and author

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    Interview in which Adam Gussow discusses hill country blues musi

    Developing countries'participation in the World Trade Organization

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    In the 1960s and 1970s developing countries viewed UNCTAD (United Nations Conference on Trade&Development) rather than the GATT (General Agreement on Tariffs&Trade) as the main institution through which to promote their interests in international trade. But beginning with the Uruguay Round in the mid-1980s, their attitude changed, many more of them became members of the GATT, and a significant number played an active role in negotiations. The author analyzes developing countries'representation and participation in the World Trade Organization (WTO) as of mid-1997 to determine how developing countries can effectively promote their interests and discharge their responsibilities under the rules and agreements of the new organization. He concludes that although many developing countries are actively participating in the new process, more than half of the developing countries that are members of the WTO participate little more than they did in the early 1980s and have not increased their staffing, despite the vastly greater complexity of issues and obligations. Institutional weaknesses at home are the main constraints to effective participation and representation of their interests at the WTO. To make their participation more effective, he recommends that the developing countries establish adequately staffed WTO missions based in Geneva; failing that, pooling their resources and representation in Geneva; and being sure to pay their dues, which are typically small. He also recommends that the international community place higher priority on programs of assistance in support of institutional development of poorer countries aimed at enhancing their capacity to participate in the international trading system and the WTO -- and that the WTO review its internal rules and procedures to ensure that inadvertently they do not make developing countries participation more difficult.Economic Theory&Research,Decentralization,Economic Conditions and Volatility,Country Strategy&Performance,Labor&Employment Law,Trade and Services,Poverty Assessment,Economic Theory&Research,World Trade Organization,Country Strategy&Performance

    Książę Adam Jerzy Czartoryski i jego stronnicy w świetle historiografii ukraińskiej

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    In 1937, the Warsaw historian Marceli Handelsman published a work entitled Ukraińska polityka ks. Adama Czartoryskiego przed wojną krymską [Ukrainian politics of Prince Adam Czartoryski before the Crimean War]. So far, this book has been used by historians as the primary source of information on the Ukrainian issue in the views of the Hotel Lambert’s leader. The author of this text has decided to collect Ukrainian works referring to the topic inaugurated by Handelsman. Unfortunately, no larger study has been prepared on the Ukrainian side. However, a number of articles and encyclopaedic notes showing Prince Adam and his Eastern policy (especially during his stay at the court of Tsar Alexander I Romanov) has been published. Ukrainian authors paid much more attention to Czartoryski’s associates, who tried to put his ideas into practice. Ukrainian researchers wrote mainly about Michał Czaykowski (Sadyk Pasha) organizing the Cossack troops in the Ottoman Empire, about Hipolit Terlecki striving for the union of the Orthodox and Roman Catholic Churches, and finally about the ethnographer and writer Franciszek Duchiński clearly separating Ukraine from Russia in his writings
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