Categorias

Apostolado da Oração

Pesquisa

Página principal>Ebook>The Insides of Nature: Causality and Conceptions of Nature>What Would Macroeconomics Be Like Now If Adam Smith Had Based His Moral Philosophy on Occasionalism?

What Would Macroeconomics Be Like Now If Adam Smith Had Based His Moral Philosophy on Occasionalism?

What Would Macroeconomics Be Like Now If Adam Smith Had Based His Moral Philosophy on Occasionalism?

John A Taylor, “What Would Macroeconomics Be Like Now If Adam Smith Had Based His Moral Philosophy on Occasionalism?,” in The Insides of Nature: Causality and Conceptions of Nature, ed. Álvaro Balsas and Bruno Nobre, Axioma Studies in Philosophy of Nature and in Philosophy and History of Science 4 (Braga: Axioma - Publicações da Faculdade de Filosofia, 2020), 281–96, https://doi.org/10.17990/Axistudies/2020_04_281.

Mais detalhes

À venda À venda!
10,00 €

300400281

Disponível apenas on-line

What Would Macroeconomics Be Like Now If Adam Smith Had Based His Moral Philosophy on Occasionalism?

Type Book Section
Editor Álvaro Balsas
Editor Bruno Nobre
Author John A Taylor
URL https://doi.org/10.17990/Axistudies/2020_04_281
Rights © 2020 Aletheia - Associação Científica e Cultural
Series Axioma Studies in Philosophy of Nature and in Philosophy and History of Science
Place Braga
Publisher Axioma - Publicações da Faculdade de Filosofia
Pages 281-296
ISBN 978-972-697-319-5
Date 2020
Series Number 4
Language English
Abstract What would macroeconomic theory be like now if Adam Smith had based his moral philosophy on George Berkeley, Jonathan Edwards, Arnold Geulincx, Nicholas Malebranche and others? Smith used all his life the same moral philosophy which he learned at university from his teacher Francis Hutcheson. I call this philosophical system “utilitarian” although Hutcheson and Smith did not themselves use that word. Jeremy Bentham, J. S. Mill, and other later writers used it. By this system, pity was an involuntary moral restraint on greed. Benevolence was the result of pity. By extension, Smith argued that nature could sometimes produce benevolence even when pity was not available for that work. The problem for macroeconomics is that this moral philosophy based on pity no longer persuades most people, and many economists think Smith advocated an unlimited or natural liberty for greed. We live anyway in a society awash with greed. If we imagine a macroeconomic system based on occasional philosophy, then we can also imagine that economists would now have different theories of causation in nature, different theories of luck or chance, a different set of tools for mathematical analysis, and above all different theories of the role of moral philosophy in macroeconomics.
Book Title The Insides of Nature: Causality and Conceptions of Nature
Date Added 6/4/2020, 3:08:46 PM
Modified 6/4/2020, 3:38:15 PM

Tags:

  • Adam Smith,
  • History of Science
  • macroeconomics,
  • metaphysics
  • occasional philosophy
  • Philosophy of Nature
  • Philosophy of Physics
  • philosophy of science

Notes:

  • Book of Common Prayer According to the Usage of the Church of England. New York: Henry Holt, 1993.
    Clark, Walter E. Josiah Tucker, Economist: A Study in the History of Economics. New York: Columbia University Press, 1903.
    Gregory-Williams, Justine and Bill M. Williams Trading Chaos: Maximize Profits with Proven Technical Techniques. Hoboken: John Willey & Sons, 2004
    “Libet Experiments.” The Information Philosopher. Accessed January 02, 2019. http://www.informationphilosopher.com/freedom/libet_experiments.html.
    Mamdelbrot, Benoit B. and Richard L. Hudson. The (mis)Behavior of Markets: “A Fractal View of Risk, Ruin, and Reward. New York: Basic Books, 2007
    Needham, Joseph. Science and Civilisation in China. 6 vols. Cambridge, England: Cambridge University Pres, 1954–[2016].
    Taleb, Nassim Nicholas. Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets New York: Random House, 2004.
    Taylor, John A. Adam Smith: Relevance for the 21st Century. St Petersburg, Russia: Trinity Bridge, 2018.

Carrinho  

Sem produtos

Envio 0,00 €
Total 0,00 €

Carrinho Encomendar

PayPal

Pesquisa