Adam Smith and Economic Science: A Methodological Reinterpretation

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"Jan Peil's book aims to provide a new model for interpreting Smith's contribution to economic science." "This model elucidates Smith's vision of the free market economy by placing it in the historical circumstances of the time. In discussing Smith's economics, the author clearly focuses on the question: why should we re-read Smith and according to which model of interpretation? Finally, he discusses the relevance of reinterpreting Smith's economics as part of moral philosophy for today's debate on the principles of economics." "This book will be of great interest to historians of economic thought and political economy, scholars and students of the philosophy and methodology of economics and all those interested in Adam Smith and his relevance for economics today."--BOOK JACKET.
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Editorial Reviews

Provides a new hermeneutical model for interpreting Adam Smith's contribution to economic science. Elucidates Smith's vision of the free market economy by placing it in the context of the moral philosophy and the debate on the sense and meaning of the emerging commercial society which was taking place in the 18th century, and discusses the relevance of reinterpreting Smith's economics as part of moral philosophy for today's debates on principles of economics. The author is an economist at the University of Nijmegan, The Netherlands. Annotation c. Book News, Inc., Portland, OR (
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Product Details

  • ISBN-13: 9781858989198
  • Publisher: Elgar, Edward Publishing, Inc.
  • Publication date: 1/1/1999
  • Pages: 224

Table of Contents

I An Adam Smith Renaissance Anno 1976 1
II A Contextual Approach to The Wealth of Nations 37
III Mutual Sympathy and Commerce 82
IV The Invisible Hand and Mutual Sympathy 114
V Adam Smith and the Crisis of Modern Economics 157
Bibliography 178
Index of Names 200
Index of Subjects 203
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