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Zusatztext 'Anyone who thinks we haven't learned much since Adam Smith should peruse this book! with its painstaking discussion of several hundred subsequent commentators! in the service of showing Smith to have been the author of a matrix of mutually supporting interpretations of market order inevitably within an institutional framework. The result! as the poet says: 'And the end of all our journeying/Will be to arrive where we started/And know the place for the first time'.' David Warsh! economicprincipals.com Informationen zum Autor Warren J. Samuels is Professor Emeritus of Economics at Michigan State University, where he taught from 1968 to 1998. He previously served on the faculties of the University of Missouri, Georgia State University, and the University of Miami. One of the most prolific historians of economic thought, with cognate interests in the philosophy of economics, public finance, and law and economics, he has been president of the History of Economics Society and the Association for Social Economics. Professor Samuels was awarded the Kondratieff Medal by the Kondratieff Foundation of Moscow. He is the author of more than ten books and the editor of several dozen titles, as well as more than seventy volumes in the series Research in the History of Economic Thought and Methodology and Recent Economic Thought, as well as for the Journal of Economic Issues. He received his PhD from the University of Wisconsin. Marianne F. Johnson is Professor of Economics at the University of Wisconsin, Oshkosh. She is co-editor of the series Research in the History of Economic Thought and Methodology and has co-edited two multi-volume projects on early American economic thought. William H. Perry is a professional lexicographer with more than thirty years experience in constructing and searching large evidentiary and documentary research databases for special projects. For this work, Mr Perry constructed a database containing, in machine-readable format, all significant philosophical, religious, scientific, political, and economic primary and secondary sources from the beginnings of Western and Middle Eastern civilization until the end of the nineteenth century, searchable by concept. Klappentext This book examines the use, principally in economics, of the concept of the invisible hand, centering on Adam Smith. Zusammenfassung This book examines the use! principally in economics! of the concept of the invisible hand! centering on Adam Smith. It interprets the concept as ideology! knowledge! and a linguistic phenomenon. It shows how the principal Chicago School interpretation misperceives and distorts what Smith believed on the economic role of government. Inhaltsverzeichnis Preface; 1. Adam Smith's invisible hand and the Nobel prize in economic sciences; 2. The political economy of Adam Smith; 3. On the identities and functions attributed to the invisible hand; 4. Adam Smith's History of Astronomy argument: how broadly does it apply? And where do propositions which 'sooth the imagination' come from?; 5. Conceptual and substantive issues and problems; 6. The invisible hand in an uncertain world with an uncertain language; 7. The invisible hand as knowledge; 8. The invisible hand and the economic role of government; 9. The survival requirement of Pareto optimality; 10. Conclusions and further insights....
