Smith's Debts to Nature

Margaret Schabas

in The Natural Origins of Economics

Published by University of Chicago Press

Published in print January 2006 | ISBN: 9780226735696
Published online February 2013 | e-ISBN: 9780226735719 | DOI:
Smith's Debts to Nature

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This chapter provides evidence to show Adam Smith's indebtedness to the concepts rather than the methods of early modern natural philosophy. It discusses Smith's use of scientific knowledge as well as his use of the terms nature and natural and identifies the topics in Smith's economics which are based on nature, including labor, markets and the pursuit of wealth. This chapter also highlights the fact that Smith did not view himself as an economist and that he was a professor of logic and moral philosophy with a wide range of interests.

Keywords: Adam Smith; natural philosophy; scientific knowledge; economics; labor; markets; pursuit of wealth

Chapter.  10470 words. 

Subjects: Economic History

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