Description - Self-Interest before Adam Smith by Pierre Force
Self-Interest before Adam Smith inquires into the foundations of economic theory. It is generally assumed that the birth of modern economic science, marked by the publication of The Wealth of Nations in 1776, was the triumph of the 'selfish hypothesis' (the idea that self-interest is the motive of human action). Yet, as a neo-Epicurean idea, this hypothesis had been a matter of controversy for over a century and Smith opposed it from a neo-Stoic point of view. But how can the Epicurean principles of orthodox economic theory be reconciled with the Stoic principles of Adam Smith's philosophy? Pierre Force shows how Smith's theory refutes the 'selfish hypothesis' and integrates it at the same time. He also explains how Smith appropriated Rousseau's 'republican' critique of modern commercial society, and makes the case that the autonomy of economic science is an unintended consequence of Smith's 'republican' principles.
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(228mm x 152mm x 12mm)
Cambridge University Press
Publisher: Cambridge University Press
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Author Biography - Pierre Force
Pierre Force received his academic training in France, where he was a fellow of the Ecole normale superieure. He took his BA (1979), doctorate (1987), and habilitation (1994) at the Sorbonne. He first came to the United States in 1984 as a lecturer at Yale University, and he joined the Columbia faculty in 1987. His field of research is seventeenth and eighteenth-century intellectual history. He is the author of Le Probleme hermeneutique chez Pascal (Paris: Vrin, 1989), Moliere ou Le Prix des choses (Paris: Nathan, 1994), and Self-Interest before Adam Smith (Cambridge University Press, 2003).