Notice bibliographique
- Notice
Type(s) de contenu et mode(s) de consultation : Texte noté : sans médiation
Auteur(s) : Samuels, Warren J. (1933-2011)
Titre(s) : Erasing the invisible hand [Texte imprimé] : essays on an elusive and misused concept in economics / Warren J. Samuels ; with the assistance of Marianne F. Johnson and William H. Perry
Publication : Cambridge ; New York : Cambridge University press, cop. 2011
Description matérielle : xxviii, 329 p. ; 24 cm
Comprend : 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.
Note(s) : Includes bibliographical references (p. 297-315) and index
"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"--
Autre(s) auteur(s) : Johnson, Marianne Frances (1973-....). Collaborateur
Perry, William H.. Collaborateur
Sujet(s) : Smith, Adam (1723-1790) -- Critique et interprétation
Libéralisme économique
Économie politique
Capitalisme
Identifiants, prix et caractéristiques : ISBN 9780521517256 (hardback). - ISBN 0521517257 (hardback)
Identifiant de la notice : ark:/12148/cb42679727c
Notice n° :
FRBNF42679727
(notice reprise d'un réservoir extérieur)
