Utility Versus Virtue

Athol Fitzgibbons

in Adam Smith's System of Liberty, Wealth, and Virtue

Published in print November 1997 | ISBN: 9780198292883
Published online November 2003 | e-ISBN: 9780191596247 | DOI:
Utility Versus Virtue

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Explains that Smith's new moral philosophy was designed to establish a balance between ancient virtue, for social stability, and modern self‐love, for economic dynamism.

Keywords: fatalism; self‐love; stoicism; virtue

Chapter.  4757 words. 

Subjects: History of Economic Thought

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