Economic Analysis Before Adam Smith: Hesiod to Lessius

1977 ◽  
Vol 9 (4) ◽  
pp. 599-600
Author(s):  
J. J. Spengler
Keyword(s):  
Economic Analysis ◽  
Adam Smith

scholarly journals On the Appropriateness of Using the Concept of «Competitiveness»

2021 ◽  
Vol 12 (2) ◽  
Author(s):  
Maria Balashova ◽  
Matvey Troshkin ◽  
Anastasia Balashova
Keyword(s):  
Economic Analysis ◽  
Theoretical Foundation ◽  
Adam Smith ◽  
Business Environment ◽  
Theoretical Background ◽  
Multiple Factor Analysis ◽  
Economic Entity ◽  
Common Category ◽  
Different Levels ◽  
Multiple Factor

Changes happening in the internal and external business environment in the 21st century intensify the need for improving approaches to the evaluation of effectiveness of economic entities on different levels of economic analysis: micro, meso and macro. Although there is a significant theoretical background, the most common category for an assessment of the condition of an economic entity in the economic theory is «competitiveness», which was proposed by Adam Smith. Starting from the second half of the 20th century, specialists have been using this term for characterizing efficiency of individuals, cities, industries, regions and countries. Today, academics have developed unique ideas about the content of this category: methods of assessment of the reached level; factors which influence the category on different levels of economic analysis. However, the paradox is that the theoretical foundation cannot solve practical problems and answer relevant questions. In the article, the authors try to show that making the term «competitiveness» unified is unreasonable, it is based on factual material and opinions of national and foreign researchers. The authors formulate a hypothesis about the necessity of terminological disintegration while making multiple factor analysis: identifying independent groups of phenomena all of which are responsible for a specific condition type of a subject / object.

Bentham and the Development of the British Critique of Colonialism

Utilitas ◽  
2011 ◽  
Vol 23 (1) ◽  
pp. 1-24 ◽  
Author(s):  
PETER J. CAIN
Keyword(s):  
Economic Analysis ◽  
Adam Smith ◽  
Spanish Colonial ◽  
The Many ◽  
Radical Movement

This article examines Bentham's contribution to anti-colonial thought in the context of the development of the British radical movement that attacked colonialism on the grounds that it advantaged what Bentham called the ‘Few’ at the expense of the ‘Many’. It shows that Bentham was influenced as much by Josiah Tucker and James Anderson as by Adam Smith. Bentham's early economic critique is examined, and the sharp changes in his arguments after 1800 assessed, in the context of the American and French Revolutions and the effects of British industrialization. The article also highlights the importance of Bentham's writings inspired by the Spanish colonial crisis of the early 1820s. They show developments in his economic analysis and include some very acute discussions of the psychological satisfactions that elites could gain from colonialism. The article ends with a brief comparison between Bentham and later radical thinkers to put his ideas in context.

National Security Policy as a Field for Economics Research

1960 ◽  
Vol 12 (3) ◽  
pp. 434-452 ◽  
Author(s):  
Charles J. Hitch
Keyword(s):  
Economic Analysis ◽  
National Security ◽  
Security Policy ◽  
Adam Smith ◽  
Allocation Of Resources ◽  
The Past ◽  
Past Generation ◽  
Wealth Of Nations ◽  
Second World ◽  
Economics Research

Problems of national security are in no sense novel for the application of economic analysis. Adam Smith, in a well-known passage in The Wealth of Nations, was concerned with the allocation of resources between “defense” and “opulence”—what we would call the problem of the size of the national security budget. There has been great interest among economists, especially during and following the First and Second World Wars, in problems of industrial mobilization during war, including the associated problems of economic stablization. In fact, to many economists during the past generation this set of mobilization problems constituted the economics of defense. Books were published with titles like Economics of Defense that dealt with little else.

scholarly journals BUTIR-BUTIR PEMIKIRAN DALAM SEJARAH INTELEKTUIL DAN PERKEMBANGAN AKADEMIK HUKUM DAN EKONOMI

2014 ◽  
Vol 10 (19) ◽  
Author(s):  
Fajar Sugianto
Keyword(s):  
Economic Analysis ◽  
David Hume ◽  
Law And Economics ◽  
Adam Smith ◽  
Economic Analysis Of Law ◽  
Fusion Of Horizons ◽  
Subject Areas ◽  
The Subject ◽  
Academic Recognition ◽  
Basic Ideas

This writing is intended to convey the basic ideas of what has come to be known as Law and Economics, or also commonly called Economic Analysis of Law. The subject areas of concern are central ones for the origins of law and economics which have been contributed by “the Founding Fathers”, namely, David Hume, Adam Ferguson, Adam Smith, Jeremy Bentham, Ronald Coase, Henry Simons, Gordon Tullock, Richard Posner, and Steven Shavell. Because the main object is to present the fusion of horizons between law and economics, this writing had excluded formal economic analysis as well as detailed discussion of most legal area. Like many most accepted theories of jurisprudence, Law and Economics also look to reveal the crucial and definitive aspects of the foundation of law.Keywords: Fusion of horizons, academic recognition, Law and Economics.

Adam Smith on Economic Justice in the Labor Market

1995 ◽  
Vol 17 (2) ◽  
pp. 228-246 ◽  
Author(s):  
Edd S. Noell
Keyword(s):  
Labor Market ◽  
Economic Analysis ◽  
Natural Law ◽  
Adam Smith ◽  
Economic Justice ◽  
Hugo Grotius ◽  
History Of ◽  
Wealth Of Nations ◽  
The Impact

One of the most significant statements in Joseph Schumpeter's discussion of Adam Smith in the History of Economic Analysis highlights the impact of scholastic thought upon Smith's economic analysis. Speaking of The Wealth of Nations, Schumpeter claimed that “the skeleton of Smith's analysis hails from the scholastics and natural-law philosophers” (Schumpeter 1954, p. 182). Though not the first to make this connection, Schumpeter's affirmation, alongside his treatment (ibid., part II, ch. 2) of the literature produced by these two groups, has been a stimulus to further exploration with respect to both the Protestant scholastics Hugo Grotius and Samuel Pufendorf and the medieval theologians (De Roover 1957; Bowley 1973). More recent studies which have followed in this vein have focused on the significance of the scholastic and natural law traditions for Smith's treatment of economic justice (Hont and Ignatieff 1983; Young and Gordon 1992).

Economic Analysis before Adam Smith. Hesiod to Lessius

1976 ◽  
Vol 70 (3) ◽  
pp. 215
Author(s):  
Robert A. Padgug ◽  
Barry Gordon
Keyword(s):  
Economic Analysis ◽  
Adam Smith
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