The State, The Market and Economic Development
A Second Look at Adam Smith in Theory and Practice
Bibliographic Data
| ID | 3885121 |
|---|---|
| Authors | Arthur A Goldsmith (0000-0002-5786-4809, corresponding author) |
| Year | 1995 |
| Volume | 26 |
| Issue | 4 |
| Pages | 633-650 |
| Publication date | 1995-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Development and Change (JOURNAL) |
| Journal identifiers | ISSN: 0012-155X • E-ISSN: 1467-7660 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1467-7660.1995.tb00568.x |
| OpenAlex | W1998159382 |
| Language | EN |
| Citations received | 1 |
| References cited | 18 |
This article looks at the place of government in the development of market economies. Using ideas from Adam Smith, and illustrations from Anglo-American economic history, it shows how government was deeply involved in creating the conditions for capitalism and in moulding a sustaining environment for private enterprise. Despite the claims of contemporary laissez-faire ideology to the contrary, the emergence and the maintenance of a capitalist economic system always depend, at least in part, on an effective state
Adam smith · Capitalism · Economic system · Economics · Free enterprise · Free market · Government (linguistics) · Ideology · Invisible hand · Laissez-faire · Market economy · Neoclassical economics · Political economy · Political science · Politics · Private enterprise · State (computer science) · Economic Theory and Institutions · Economic Theory and Policy · Finance · Law · Political Economy and Marxism
Ideas, interests, and American trade policy
World Development Report 1994
Invention and Economic Growth
The Economics of Adam Smith
The Rise of the Western World
An Inquiry into the Nature and Causes of the Wealth of Nations
Policy Planning for Agricultural Development
Institutions, Institutional Change and Economic Performance
On the Social Origins of Dictatorship and Democracy
Adam Smith's Politics
Markets and states
Government Promotion of American Canals and Railroads, 1800-1890
National Industrial Strategies and the World Economy
Adam Smith's Sociological Economics
World Development Report 1992
The Myths of the Market and the Common History of Late Developers
| Unique citing works | 1 |
|---|---|
| Citations per year | 0,03 |
| Citation span | 1996 - 1996 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |