Erasing the invisible hand: essays on an elusive and misused concept in economics
This book examines the use, principally in economics, of the concept of the invisible hand, centering on Adam Smith. It interprets the concept as ideology, knowledge, and a linguistic phenomenon. It shows how the principal Chicago School interpretation misperceives and distorts what Smith believed o...
Gespeichert in:
| Beteilige Person: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Cambridge
Cambridge University Press
2011
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| Schlagwörter: | |
| Links: | https://doi.org/10.1017/CBO9780511835230 https://doi.org/10.1017/CBO9780511835230 https://doi.org/10.1017/CBO9780511835230 https://doi.org/10.1017/CBO9780511835230 https://doi.org/10.1017/CBO9780511835230 |
| Zusammenfassung: | This book examines the use, principally in economics, of the concept of the invisible hand, centering on Adam Smith. It interprets the concept as ideology, knowledge, and a linguistic phenomenon. It shows how the principal Chicago School interpretation misperceives and distorts what Smith believed on the economic role of government. The essays further show how Smith was silent as to his intended meaning, using the term to set minds at rest; how the claim that the invisible hand is the foundational concept of economics is repudiated by numerous leading economic theorists; that several dozen identities given the invisible hand renders the term ambiguous and inconclusive; that no such thing as an invisible hand exists; and that calling something an invisible hand adds nothing to knowledge. Finally, the essays show that the leading doctrines purporting to claim an invisible hand for the case for capitalism cannot invoke the term but that other nonnormative invisible hand processes are still useful tools |
| Beschreibung: | Title from publisher's bibliographic system (viewed on 05 Oct 2015) |
| Umfang: | 1 Online-Ressource (xxviii, 329 Seiten) |
| ISBN: | 9780511835230 |
| DOI: | 10.1017/CBO9780511835230 |
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| author | Samuels, Warren J. 1933-2011 |
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| contents | Adam Smith's invisible hand and the Nobel prize in economic sciences <<The>> political economy of Adam Smith On the identities and functions attributed to the invisible hand Adam Smith's history of astronomy argument : how broadly does it apply? And where do propositions that 'sooth the imagination' come from? <<The>> invisible hand, decision making, and working things out: conceptual and substantive problems <<The>> invisible hand in an uncertain world with an uncertain language <<The>> invisible hand as knowledge <<The>> invisible hand and the economic role of government <<The>> survival requirement of Pareto optimality Conclusions and further insights |
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| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 330 - Economics |
| dewey-raw | 330.12/2 |
| dewey-search | 330.12/2 |
| dewey-sort | 3330.12 12 |
| dewey-tens | 330 - Economics |
| discipline | Philosophie Wirtschaftswissenschaften |
| doi_str_mv | 10.1017/CBO9780511835230 |
| format | Electronic eBook |
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| illustrated | Not Illustrated |
| indexdate | 2024-12-20T17:48:50Z |
| institution | BVB |
| isbn | 9780511835230 |
| language | English |
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| spellingShingle | Samuels, Warren J. 1933-2011 Erasing the invisible hand essays on an elusive and misused concept in economics Adam Smith's invisible hand and the Nobel prize in economic sciences <<The>> political economy of Adam Smith On the identities and functions attributed to the invisible hand Adam Smith's history of astronomy argument : how broadly does it apply? And where do propositions that 'sooth the imagination' come from? <<The>> invisible hand, decision making, and working things out: conceptual and substantive problems <<The>> invisible hand in an uncertain world with an uncertain language <<The>> invisible hand as knowledge <<The>> invisible hand and the economic role of government <<The>> survival requirement of Pareto optimality Conclusions and further insights Smith, Adam / 1723-1790 Smith, Adam 1723-1790 (DE-588)118615033 gnd Kapitalismus Wirtschaft Free enterprise Economics Capitalism Rezeption (DE-588)4049716-1 gnd Unsichtbare Hand (DE-588)4289206-5 gnd Wirtschaftspolitik (DE-588)4066493-4 gnd Wirtschaftstheorie (DE-588)4079351-5 gnd |
| subject_GND | (DE-588)118615033 (DE-588)4049716-1 (DE-588)4289206-5 (DE-588)4066493-4 (DE-588)4079351-5 |
| title | Erasing the invisible hand essays on an elusive and misused concept in economics |
| title_alt | Adam Smith's invisible hand and the Nobel prize in economic sciences <<The>> political economy of Adam Smith On the identities and functions attributed to the invisible hand Adam Smith's history of astronomy argument : how broadly does it apply? And where do propositions that 'sooth the imagination' come from? <<The>> invisible hand, decision making, and working things out: conceptual and substantive problems <<The>> invisible hand in an uncertain world with an uncertain language <<The>> invisible hand as knowledge <<The>> invisible hand and the economic role of government <<The>> survival requirement of Pareto optimality Conclusions and further insights |
| title_auth | Erasing the invisible hand essays on an elusive and misused concept in economics |
| title_exact_search | Erasing the invisible hand essays on an elusive and misused concept in economics |
| title_full | Erasing the invisible hand essays on an elusive and misused concept in economics Warren J. Samuels ; with the assistance of Marianne F. Johnson and William H. Perry |
| title_fullStr | Erasing the invisible hand essays on an elusive and misused concept in economics Warren J. Samuels ; with the assistance of Marianne F. Johnson and William H. Perry |
| title_full_unstemmed | Erasing the invisible hand essays on an elusive and misused concept in economics Warren J. Samuels ; with the assistance of Marianne F. Johnson and William H. Perry |
| title_short | Erasing the invisible hand |
| title_sort | erasing the invisible hand essays on an elusive and misused concept in economics |
| title_sub | essays on an elusive and misused concept in economics |
| topic | Smith, Adam / 1723-1790 Smith, Adam 1723-1790 (DE-588)118615033 gnd Kapitalismus Wirtschaft Free enterprise Economics Capitalism Rezeption (DE-588)4049716-1 gnd Unsichtbare Hand (DE-588)4289206-5 gnd Wirtschaftspolitik (DE-588)4066493-4 gnd Wirtschaftstheorie (DE-588)4079351-5 gnd |
| topic_facet | Smith, Adam / 1723-1790 Smith, Adam 1723-1790 Kapitalismus Wirtschaft Free enterprise Economics Capitalism Rezeption Unsichtbare Hand Wirtschaftspolitik Wirtschaftstheorie |
| url | https://doi.org/10.1017/CBO9780511835230 |
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