18,508 research outputs found
ADAM SMITH'S OPTIMISTIC TELEOLOGICAL VIEW OF HISTORY
No full textAdam 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?
No full textAdam 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?
No full textThe 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,
Mining in the European Arctic
No full textThe European Arctic has been recently experiencing an upsurge in mining activities. This is reflected in an on-going interest from the industry, regulators and the public. However, current and future prospects are highly sensitive to mineral price fluctuations. The EU is a major consumer and importer of Arctic raw materials. As the EU is concerned about the security of supply, it attempts to encourage domestic mineral extraction.Both Arctic communities and industry call for enhanced information flows, as well as improved and more inclusive decision-making frameworks. The EU should clearly articulate its interests related to mining in the European Arctic. The EU could further enhance its support for the collection and sharing of mining data and knowledge.The EU regulatory framework could better contribute to harmonising environmental, economic and social assessments, paying special attention to local social issues and indigenous rights. The EU, as a major global actor, can also influence international governance, standard-setting and co-operation to facilitate increased responsibility in mining activities, including through dialogue with mining industry
Socioeconomic and Cultural Changes in the European Arctic
No full textThe chapter provides overview of the Arctic sociocultural landscape, highlighting innovative and growing Arctic cities, thinnig-out rural areas, demographic challenges, and dependence on extractive and primary industries. Indigenous peoples often experience these elements in distinct manners.The EU has a number of programmes that support socioeconomic development and co-operation in the North, as well as relevant transport policies and environmental regulations. When designing and carrying out actions affecting socioeconomic and cultural development, the EU decision-makers should take into account: the region's intra-regional and core-periphery connectivity; power structures, social conflicts and cultural diversity; human-nature interactions; as well as the state of innovation, entrepreneurship and education.The EU's focus on entrepreneurship and innovation within co-operation and cohension programmes is likely to continue in the future, although greater attention to gender issues and indigenous peoples is recommended. Intra-regional accessibility and connectivity must not be neglected. The special characteristics and needs of Arctic cities need to be taken into account in EU policies and programmes
Adam Smith and Roman Servitudes
No full textThis 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
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