The treatment of Smith's invisible hand

Journal of Economic Education

Volumn 38, Issue 3, 2007, Pages 341-358

  Wight, Jonathan B ^a  

^a UNIVERSITY OF RICHMOND   (United States)

Author keywords

Adam Smith; Invisible hand; Morals

Indexed keywords

EID: 34748871399     PISSN: 00220485     EISSN: None     Source Type: Journal    
DOI: 10.3200/JECE.38.3.341-358     Document Type: Article

References (54)

1. Arrow, K. F., and F. H. Hahn. 1971. General competitive analysis. San Francisco, CA: Holden Day.
2. Buchanan, J. M. 1994, Ethics and economic progress. Norman, OK: University of Oklahoma Press.
3. Carey, T. V. 1998. The invisible hand of natural selection, and vice versa. Biology and Philosophy 13 (3): 427-42.
4. Cosmides, L., and J, Tooby. 1994. Better than rational: Evolutionary psychology and the invisible hand. American Economic Review 84 (May): 327-32.
5. Delaire, A. 1755. Épingle [Pins]. In D. Diderot, ed. Encyclopédie, ou dictionnaire raisonné des sciences, des arts et des métiers, volume 5: 803-7.
6. Evensky, J. 1993. Ethics and the invisible hand. Journal of Economic Perspectives 7 (2): 197-205.
7. _. 2001. Adam Smith's lost legacy. Southern Economie Journal 67 (3): 497-517.
8. Fleischacker, S. 2004. On Adam Smith's Wealth of Nations: A philosophical companion. Princeton, NJ: Princeton University Press.
9. Grampp, W. D. 2000. What did Smith mean by the invisible hand? Journal of Political Economy 108 (3): 441-64.
10. Heilbroner, R. L. 1986. The essential Adam Smith. New York: W. W. Norton.
11. _. 1999. The worldly philosophers: The lives, times, and ideas of the great economic thinkers. 6th ed. New York: Simon and Schuster.
12. Khalil, E. L. 1990. Beyond self-interest and altruism: A reconstruction of Adam Smith's theory of human conduct. Economics and Philosophy 6 (2): 255-73.
13. _. 2000a. Making sense of Adam Smith's invisible hand: Beyond Pareto optimality and unintended consequences. Journal of the History of Economic Thought 22 (1): 49-63.
14. _. 2000b. Beyond natural selection and divine intervention: The Lamarckian implication of Adam Smith's invisible hand. Journal of Evolutionary Economics 10 (4): 373-93.
15. Macfie, A. 1967. The individual in society: Papers on Adam Smith. London, UK: George Allen and Unwin.
16. _. 1971. The invisible hand of Jupiter. Journal of the History of Ideas 32 (4): 595-99.
17. Makowski, L., and J, M. Ostroy. 2004. The invisible hand. Duke University Workshop Papers (October).
18. McCloskey, D. 1994, Bourgeois virtue. American Scholar 63 (Spring): 177-91.
19. Meeropol, M. 2004. Another distortion of Adam Smith: The case of the "invisible hand." Political Economy Research Institute Working Paper Series, No. 79. Amherst, MA: University of Massachusetts.
20. Muller, Jerry. 1995. Adam Smith: In his time and ours: Designing the decent society. Princeton, NJ: Princeton University Press.
21. North, D. C. 1993. Economic performance through time. American Economic Review 84 (June): 359-68.
22. Nozick, R. 1994. Invisible-hand explanations. American Economic Review 84 (2): 314-18.
23. Otteson, J. R. 2004. Adam Smith: Selected philosophical writings. Exeter, U.K. Imprint Academic.
24. Pack, Spencer J. 1991. Capitalism as a moral system: Adam Smith's critique of the free market economy. Brookfield: Edward Elgar.
25. Persky, J. 1989. Retrospectives: Adam Smith's invisible hand. Journal of Economic Perspectives 3 (Fall): 195-201.
26. Raphael, D. D., and A. L. Macfie. 1982. Introduction to The theory of moral sentiments. Glasgow ed. Indianapolis, IN: Liberty Fund.
27. Rosenberg, N. 1960. Some institutional aspects of The Wealth of Nations. The Journal of Political Economy 68 (6): 557-70.
28. Ross, I. S. 1995. The life of Adam Smith. Oxford, U.K.: Clarendon.
29. Rothschild, E. 1994. Adam Smith and the invisible hand. American Economic Review 84 (2): 319-22.
30. _. 2001. Economic sentiments: Adam Smith, Cordorcet, and the enlightenment. Cambridge, MA: Harvard University Press.
31. Samuels, W. J. 2004. Invisible hand. Presented to the Summer Institute for the Preservation of the Study of the History of Economics. George Mason University (July 28).
32. Schabas, M. 2003. Adam Smith's debt to nature. History of Political Economy 35, annual supplement: 262-81.
33. Sen, A. 1977. Rational fools: A critique of the behavioral foundations of economic theory. Philosophy and Public Affairs 6 (Summer): 317-44.
34. _. 1987. On ethics and economics. Oxford, UK: Blackwell.
35. Siegfried, J. J., and B. T. Meszaros. 1998, Voluntary economics content standards for America's schools: Rationale and development. Journal of Economic Education 29 (Spring): 139-49.
36. Skinner, A. S. 2002. Adam Smith. The new Palgrave dictionary of economics. New York: Palgrave.
37. Smith, Adam. 1981. An inquiry into the nature and causes of the wealth of nations. R. H. Campbell and A. S. Skinner, eds., Glasgow ed. Indianapolis, IN: Liberty Fund. (Orig. pub. 1976.)
38. _. 1982a. Essays on philosophical subjects. W. P. D. Wightman and J. C. Bryce, eds., Glasgow ed. Indianapolis, IN: Liberty Fund. (Orig. pub. 1795.)
39. _. 1982b. Lectures on jurisprudence. R. L. Meek, D. D. Raphael, and P. G. Stein, eds. Glasgow ed. Indianapolis, IN: Liberty Fund.
40. _. 1982c. The theory of moral sentiments. D. D. Raphael and A. L. MacFie, eds. Glasgow ed. Indianapolis, IN: Liberty Fund. (Orig. pub. 1759.)
41. _. 1985. Lectures on rhetoric and belles letters. J. C. Bryce and A. S. Skinner, eds. Glasgow ed. Indianapolis, IN: Liberty Fund.
42. _. 1987. The correspondence of Adam Smith. E. C. Mossner and I. S. Ross, eds. Glasgow ed. Indianapolis, IN: Liberty Fund.
43. Smith, V. 2004. Human nature: An economic perspective. Daedalus 133 (Fall): 67-76.
44. Thaler, R. H. 2000. From homo economicus to homo sapiens. Journal of Economic Perspectives 14 (Winter): 133-41.
45. Tribe, K. 1999. Adam Smith: Critical theorist? Journal of Economic Literature 27 (2): 609-32.
46. Vaughn, K. I. 2002. Invisible hand. The new Palgrave dictionary of economics. New York: Palgrave.
47. Viner, J. 1928. Adam Smith and laissez-faire. In J. M. Clark et al., eds. Adam Smith, 1776-1926. Chicago: University of Chicago Press.
48. _. 1972. The role of providence in the social order. Princeton, NJ: Princeton University Press.
49. Voltaire. 1999 [1759c]. Candide. Translated and edited by Daniel Gordon. Boston, MA: Bedford/St. Martin's.
50. Watts, M. 2002. How economists use literature and drama. Journal of Economic Education 33 (4): 377-86.
51. Wight, J. B. 2002a. The rise of Adam Smith: Articles and citations, 1970-97. History of Political Economy 34(1): 55-82.
52. _. 2002b. Saving Adam Smith: A tale of wealth, transformation, and virtue. Upper Saddle River, NJ: Prentice-Hall.
53. _. 2006. Adam Smith's ethics and the "noble" arts. Review of Social Economy XIV(2): 1555-80.
54. Young, J. T. 1997. Economics as a moral science: The political economy of Adam Smith. Cheltenham, UK: Edward Elgar.