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Some years ago, Mark Lindley and myself wrote on a few of the great economists of the past, with a concentration on some insights that may be worth recovering. I wouldn't want to overdo the Adam Smith bashing that I have been seeing in this thread. The portrayal of Smith that one sees in the writings of many neoclassical economists is something of a caricature which ignores the fact that he was a wide ranging philosopher and social thinker, who was a close personal and intellectual friend of David Hume. Hume, like many other Enlightenment thinkers was interested in creating a science of man and while he himself wrote extensively on this, he thought his good friend, Adam Smith, could carry this project to fruition. To that end, Smith proposed writing a series of treatises that would cover such subjects as political economy, moral philosophy, jurisprudence, psychology, and much, much more. But he was only able to complete the treatises on political economy (The Wealth of Nations) and moral philosophy (The Theory of Moral Sentiments), Karl Marx had a deep appreciation for Smith. The version of Smith that is given to us by the neoclassical economists, closely resembles the portrayal provided by those folk, whom Marx had called vulgar economists. http://mrzine.monthlyreview.org/2011/lf170811.html Jim Farmelant http://independent.academia.edu/JimFarmelant http://www.foxymath.com Learn or Review Basic Math ____________________________________________________________ 7 Times Lotto Winner Reveals What You're Missing when Buying MNT http://thirdpartyoffers.juno.com/TGL3141/5886bc2271fb73c221fa3st01vuc _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: http://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com
