By Gavin Kennedy
This e-book offers the actual Adam Smith and explores his underlying method and radical pondering, aiming to re-establish his unique intentions. The e-book offers a vital reminder of ways appropriate Adam Smith used to be in his personal time, and the way proper he is still as we event the global unfold of opulence today.
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Extra resources for Adam Smith: A Moral Philosopher and His Political Economy (Great Thinkers in Economics)
24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40. 41. 42. 43. Fry, M. 2006; Scott, P. H. 2007; Whatley, C. 2007; Watt, D. 2007. Scott, W. R. 1937: 4–6. Watt, D. 2007. Whatley, C. 2007. Scott, W. R. 1937: 18. Ross, I. S. 1995: 2–3. : 129. Bonar, J. [1894; 1932] 1966: 208. Ross, I. S. 1995: 129–33. Scott, W. R. 1937: 18; Note 1. Scott, W. R. 1937: 134. I am grateful to Nicholas Gruen for drawing my attention to this passage. Cf. Denis, A. 2005: 1–32; Evensky, J. 2005. Scott, W. R.
His lectures on rhetoric and belles lettres (from student 27 28 A Moral Philosopher and His Political Economy notes, 1762–3) (LRBL 1985) show his serious thinking about languages, their grammatical structures and their formation. Smith published an essay on language in The Philological Miscellany (1761) (LRBL203–26) and in the third edition of Moral Sentiments. 4 Stewart adds that Smith’s interest in languages was ‘uncommonly extensive and accurate, and, in him, was subservient . . to a familiar acquaintance with every thing that could illustrate the institutions, the manners and the ideas of different ages and nations’ (EPS272).
This leads to Smith’s use for the first time of the metaphor of ‘an invisible hand’. Regular events of nature pass unnoticed by the mass of the people. Everybody knows that fire burns – if in doubt touch a burning ember. It is in the nature of fire to burn. Water refreshes and puts out fire, again by the necessity of its own nature. Heavenly bodies descend – look at the sky at night – and the wind makes lighter substances fly upwards. No invocations of the whims of the gods were necessary to ‘explain’ the properties of fire, water, heavenly bodies or leaves.