Adam Smith's Marketplace of Life


Adam Smith's Marketplace of Life

Adam Smith wrote two books, one about economics and the other about morality. How do these books go together? How do markets and morality mix? James Otteson provides a comprehensive examination and interpretation of Smith's moral theory and demonstrates how his conception 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 addresses whether Smith thinks that moral judgments enjoy a transcendent sanction.


 Reviews:

"This book is important for economists because it provides a readable philosophical perspective on Smith's work in moral theory. Highly recommended." Choice

"Otteson's book is an important contribution to our evolving understanding of Adam Smith." Philosophy in Review

'… this is an important study with a distinctive contribution to debates about the 'Adam Smith problem'; it provides some stimulating arguments that deserve considered attention and will no doubt prompt further debate.' British Journal for the History of Philosophy


 Prizes:

Choice Outstanding Academic Title 2003
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