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Synopsis
Scientific Essay from the year 2012 in the subject Economics - History, grade: First, London Metropolitan University, language: English, abstract: In Wealth of Nations, Smith vehemently cited that economic practices were motivated by the principle of self-interest. On the other hand, Smith argued that economic behaviour was mainly determined by sympathy, a sentimental phenomenon that is prominent in the Theory of Moral Sentiments. As such, these two works present a moral dilemma as to whether the human behaviour in economy is motivated by self-interests or sympathy. In effect, the Adam Smith Problem revolves around the presumption that economic behaviour is driven by both social interest of benevolence and private interest of self-love. This paper presents a critical analysis of this problem. In details, the paper seeks to determine the extent to which the problem is based on a misunderstanding of human behaviour.
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The Adam Smith Problem: A misunderstanding of Human behaviour
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The Adam Smith Problem
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Taschenbuch. Etat : Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Scientific Essay from the year 2012 in the subject Economics - History, grade: First, London Metropolitan University, language: English, abstract: In Wealth of Nations, Smith vehemently cited that economic practices were motivated by the principle of self-interest. On the other hand, Smith argued that economic behaviour was mainly determined by sympathy, a sentimental phenomenon that is prominent in the Theory of Moral Sentiments. As such, these two works present a moral dilemma as to whether the human behaviour in economy is motivated by self-interests or sympathy. In effect, the Adam Smith Problem revolves around the presumption that economic behaviour is driven by both social interest of benevolence and private interest of self-love. This paper presents a critical analysis of this problem. In details, the paper seeks to determine the extent to which the problem is based on a misunderstanding of human behaviour. 20 pp. Englisch. N° de réf. du vendeur 9783656240594
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The Adam Smith Problem : A misunderstanding of Human behaviour
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GRIN Verlag, GRIN Verlag, 2012
ISBN 10 : 3656240590
ISBN 13 : 9783656240594
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Taschenbuch. Etat : Neu. Druck auf Anfrage Neuware - Printed after ordering - Scientific Essay from the year 2012 in the subject Economics - History, grade: First, London Metropolitan University, language: English, abstract: In Wealth of Nations, Smith vehemently cited that economic practices were motivated by the principle of self-interest. On the other hand, Smith argued that economic behaviour was mainly determined by sympathy, a sentimental phenomenon that is prominent in the Theory of Moral Sentiments. As such, these two works present a moral dilemma as to whether the human behaviour in economy is motivated by self-interests or sympathy. In effect, the Adam Smith Problem revolves around the presumption that economic behaviour is driven by both social interest of benevolence and private interest of self-love. This paper presents a critical analysis of this problem. In details, the paper seeks to determine the extent to which the problem is based on a misunderstanding of human behaviour. N° de réf. du vendeur 9783656240594
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The Adam Smith Problem | A misunderstanding of Human behaviour
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Taschenbuch. Etat : Neu. The Adam Smith Problem | A misunderstanding of Human behaviour | Moatez Chaouachi | Taschenbuch | 20 S. | Englisch | 2012 | GRIN Verlag | EAN 9783656240594 | Verantwortliche Person für die EU: GRIN Publishing GmbH, Waltherstr. 23, 80337 München, info[at]grin[dot]com | Anbieter: preigu Print on Demand. N° de réf. du vendeur 106374020
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