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Adam Smith's Marketplace of Life

Bibliographic Data

ID23133092
AuthorsJames R Otteson (University of Alabama, corresponding author)
Year2002
Publication date2002-10-10
Open AccessYes
TypeBOOK
VenueAdam Smith's Marketplace of Life (SOURCE_BOOK)
PublisherCambridge University Press (PUBLISHER • US)
DOI10.1017/cbo9780511610196
OpenAlexW4210959219
Open LibraryOL34475591M
ISBN9780511610196
LanguageEN
Citations received73
References cited49

Adam Smith wrote two books, one about economics and the other about morality. His Wealth of Nations argues for a largely free-market economy, while his Theory of Moral Sentiments argues that human morality develops out of a mutual sympathy that people seek with one another. How do these books go together? How do markets and morality mix? James Otteson's 2002 book provides a comprehensive examination and interpretation of Smith's moral theory and shows how his conception of the nature of morality applies to his understanding of markets, language and other social institutions. Considering Smith's notions of natural sympathy, the impartial spectator, human nature, and human conscience the author also addresses the issue of whether Smith thinks that moral judgments enjoy a transcendent sanction. James Otteson sees Smith's theory of morality as an institution that develops unintentionally but nevertheless in an orderly way according to a market model.

Adam smith · Conscience · Economics · Environmental ethics · Epistemology · Institution · Interpretation (philosophy) · Law and economics · Morality · Neoclassical economics · Political science · Social science · Sociology · Sympathy · Law · Philosophical Ethics and Theory · Philosophy · Political Economy and Marxism · Political Philosophy and Ethics · Psychology · Social Psychology · adam Smith (1723-1790) · Business & Economics · Business Ethics · Capitalism · Capitalisme · Critique et interprétation · Économie de marché · Economische filosofie · Eigennutz · Ethics · Ethics (philosophy) · Ethik · Ethische aspecten · Kapitalisme · Moral and ethical aspects · Morale

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Unique citing works73
Citations per year3,48
Citation span2005 - 2026 (22)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 72
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