Adam Smith and the economy of the passions

The fertility of Adam Smith's work stems from a paradoxical structure where the pursuit of economic self-interest and wealth accumulation serve wider social objectives. The incentive for this wealth accumulation comes from a desire for social recognition or "sympathy" -- the need to recognise ourselves ...

Classical economics and modern theory

studies in long-period analysis

The following subject areas are covered in this book: * alternative interpretations of classical economists * new growth theory * the relationship between Sraffian theory and Von Neumann * the treatment of capital in neoclassical long-period theory. This book will be of great interest to those working in the ...