Adam smith and the natural wage: Sympathy, subsistence and social distance

Review of Social Economy

Volumn 55, Issue 3, 1997, Pages 292-311

  Stabile, Donald R ^a  

^a SAINT MARY'S COLLEGE   (United States)

Author keywords

Division of labor; Just wage; Self interest; Social distance; Subsistence wage; Sympathy

Indexed keywords

EID: 84937259635     PISSN: 00346764     EISSN: 14701162     Source Type: Journal    
DOI: 10.1080/00346769700000002     Document Type: Article

References (50)

1. Aquinas, T. (1953) “Whether It Is Lawful To Sell A Thing for More Than It Is Worth,” Summa Theoligica II-II, in D. Bigongiari (ed.) The Political Ideas on St. Thomas Aquinas, New York: Haffner Press.
2. Aquinas, T. (1968) “Does Man’s Happiness Consist in Wealth?” Summa Theoligica I-II, in E. Freeman and J. Owens (eds.) The Wisdom and Ideas of Saint Thomas Aquinas, Greenwich, CT: Fawcett Books.
3. Choi, Y. B. (1990) “Smith’s View on Human Nature: A Problem in the Interpretation of The Wealth of Nations and The Theory of Moral Sentiments,” Review of Social Economy 48 (3): 288-302.
4. Coase, R. H. (1983) “The Wealth of Nations,” in J. C. Wood (ed.) Adam Smith: Critical Assessments, London: Croom Helm.
5. Cropsey, J. (1957) Polity and Economy: An Interpretation of the Principles of Adam Smith, The Hague: Martinus Nijhoff.
6. Dempsey, B. W. (1965) “Just Price in a Functional Economy,” in J. A. Gherity (ed.) Economic Thought: A Historical Anthology, New York: Random House.
7. De Roover, R. (1951) “Monopoly Theory Prior to Adam Smith: A Revision,” Quarterly Journal of Economics 65 (November). Reprinted in M. Blaug (ed.) (1991) Pioneers in Economics: St. Thomas Aquinas, Brookfield, VT: Edward Elgar.
8. De Roover, R. (1955) “Scholastic Economics: Survival and Lasting Influence from the Sixteenth Century to Adam Smith,” Quarterly Journal of Economics 69 (May). Reprinted in M. Blaug (ed.) (1991) Pioneers in Economics: St. Thomas Aquinas, Brookfield, VT: Edward Elgar.
9. De Roover, R. (1958) “The Concept of the Just Price: Theory and Economic Policy,” Journal of Economic History 18 (December). Reprinted in M. Blaug (ed.) (1991) Pioneers in Economics: St. Thomas Aquinas, Brookfield, VT: Edward Elgar.
10. Dimand, M. A. and Dimand, R. W. (1989) “Moral Sentiments and the Marketplace: The Consistency of The Theory of Moral Sentiments and The Wealth of Nations,” in W. J. Barber (ed.) Perspectives on the History of Economic Thought, vol. 5, Brookfield, VT: Edward Elgar.
11. Epstein, S. A. (1991) “The Theory and Practice of the Just Wage,” Journal of Medieval History, 17 (1): 53-69.
12. Evensky, J. (1992a) “Ethics and the Classical Liberal Tradition in Economics,” History of Political Economy 24 (1): 61-75.
13. Evensky, J. (1992b) “The Role of Community Values in Modern Classical Liberal Economic Thought,” Scottish Journal of Political Economy 39 (1): 21-39.
14. George, H. (1981) The Science of Political Economy, New York: Robert Schalkenbach Foundation.
15. Heilbroner, R. L. (1982) “The Socialization of the Individual in Adam Smith,” History of Political Economy 14 (3): 427-39.
16. Heilbroner, R. L. (1986) The Worldly Philosophers, 6th edn., New York: Simon & Schuster.
17. Hollander, S. (1965) “On The Interpretation of the Just Price,” Kyklos 30 (2). Reprinted in M. Blaug (ed.) (1991) Pioneers in Economics: St. Thomas Aquinas, Brookfield, VT: Edward Elgar.
18. Hollander, S. (1973) The Economics of Adam Smith, Toronto: University of Toronto Press.
19. Hume, D. (1983) “Of Taxes,” in E. C. Mossner (ed) An Enquiry Concerning Human Understanding and Other Essays, New York: Washington Square Press.
20. Hutcheson, F. (1968) A System of Moral Philosophy, 2 vols, New York: Augustus M. Kelley.
21. Hutchison, T. (1988) Before Adam Smith: The Emergence of Political Economy, 1662-1776, Oxford: Basil Blackwell.
22. Ingram, J. K. (1888) A History of Political Economy, New York: Macmillan and Co.
23. John XXIII (1963) Pacem in Terris, in P. Sigmund, (ed.) (1988) St. Thomas Aquinas on Politics and Ethics, New York: W. W. Norton & Co.
24. Johnson, E. A. J. (1938) “Just Price in an Unjust World,” International Journal of Ethics 48 (January). Reprinted in M. Blaug, (ed.) (1991) Pioneers in Economics: St. Thomas Aquinas, Brookfield, VT: Edward Elgar.
25. Johnson, R. D. (1990) “Adam Smith’s Radical Views on Property, Distributive Justice and the Market,” Review of Social Economy 48 (3): 247-271.
26. Lapidus, A. (1994) “Norm, Virtue and Information: The Just Price and Individual Behavior in Thomas Aquinas’ Summa Theologiae,” The European Journal of the History of Economic Thought 1 (3): 435-473.
27. Leo XIII (1891) Rerum Novarum, in P. Sigmund, (ed.) (1988) St. Thomas Aquinas on Politics and Ethics, New York: W. W. Norton & Co.
28. Macfie, A. L. (1983) “Adam Smith’s Moral Sentiments as Foundation for His Wealth of Nations,” in J. C. Wood (ed.) Adam Smith: Critical Assessments, London: Croom Helm.
29. Martin, D. A. (1990) “Economics as Ideology: On Making the ‘Invisible Hand’ Invisible,” Review of Social Economy 48 (3): 272-285.
30. Minowitz, P. (1993) Profits, Priests, and Princes: Adam Smith’s Emancipation of Economics from Politic and Religion, Stanford: Stanford University Press.
31. Morrow, G (1973) [1923] The Ethical and Economic Theories of Adam Smith, Clifton, NJ: Augustus M. Kelley.
32. Muller, J. Z. (1993) Adam Smith in His Time and Ours: Designing the Decent Society, New York: Free Press.
33. Nelson, Robert H. (1991) Reaching for Heaven on Earth: The Theological Meaning of Economics, Savage, MD: Roman & Littlefield.
34. Prasch, R. E. (1991) “The Ethics of Growth in Adam Smith’s Wealth of Nations,” History of Political Economy 29 (2): 337-351.
35. Rae, J. (1895) Life of Adam Smith, London: Macmillan & Co.
36. Raphael, D. D. (1975) “The Impartial Spectator,” in A. S. Skinner and T. Wilson (eds.) Essays on Adam Smith, Oxford: Clarendon Press.
37. Reisman, D. A. (1976) Adam Smith ‘s Sociological Economics, London: Croom Helm.
38. Rimlinger, G. V. (1983) “Smith and the Merits of the Poor,” in J. C. Wood (ed.) Adam Smith: Critical Assessments, London: Croom Helm.
39. Ross, I. S. (1995) The Life of Adam Smith, Oxford: Clarendon Press.
40. Sigmund, P. (ed.) (1988) St. Thomas Aquinas on Politics and Ethics, New York: W. W. Norton & Co.
41. Skinner, A. S. (1995) “Pufendorf, Hutcheson and Adam Smith: Some Principles of Political Economy,” Scottish Journal of Political Economy, 42 (2): 165-182.
42. Smith, A. (1976a) The Theory of Moral Sentiments, eds. D. D. Raphael and A. L. Macfie, Oxford: Clarendon Press.
43. Smith, A. (1976b) An Inquiry into the Nature and Causes of the Wealth of Nations, 2 vol., Chicago: University of Chicago Press.
44. Smith, A. (1982). Lectures on Jurisprudence, eds. R. L. Meek, D. D. Raphael, and P. G. Stein, Indianapolis: Liberty Classics.
45. Tawney, R. H. (1954) Religion and the Rise of Capitalism, New York: Mentor Books.
46. Taylor, W. L. (1965) Francis Hutcheson and David Hume as Predecessors of Adam Smith, Durham, NC: Duke University Press.
47. Young, J. T. (1985) “Natural Price and the Impartial Spectator: A New Perspective on Adam Smith as a Social Economist,” International Journal of Social Economics 12 (6-7): 118-133.
48. Young, J. T. (1986) “The Impartial Spectator and Natural Jurisprudence: An Interpretation of Adam Smith’s Theory of the Natural Price,” History of Political Economy 18 (3): 365-382.
49. Young, J. T. (1995) “Natural Jurisprudence and the Theory of Value in Adam Smith,” History of Political Economy 27 (94): 755-773.
50. Young, J. T. and Gordon, B. (1992) “Economic Justice in the Natural Law Tradition: Thomas Aquinas to Francis Hutcheson,” Journal of the History of Economic Thought 14(1): 1-17.