Adam Smith is rediscovered every few generations by philosophers surprised by his subtlety, originality, and relevance. Smith’s status as mythical father of economic science and his role as canonical defender of free trade is secure within economics, but few philosophers have been more often misrepresented and underestimated. Because he is well known as an advocate of commercial society, many scholars, public intellectuals, commentators, and journalists are happy to implicate him automatically in its successes and failures, or to enlist him in (...) one side or another of the various ideological battles surrounding the utility and dangers of market economics. This book is an accessible and engaging introduction to Smith’s most important contributions to philosophy. Beginning with an introductory chapter on Smith’s life, writings and readings, Eric Schliesser locates Smith in his immediate social and philosophical context. Later chapters analyse key concepts in his core moral, political and metaphysical theories, before turning to Smith's contribution to areas of ongoing philosophical interest, especially philosophy of science, and the metaphysics of mind and self. Schliesser concludes by summarising Smith's complicated legacy in the eighteenth, nineteenth, and twentieth centuries, and explores how Smith is being 're-discovered' in contemporary moral philosophy. (shrink)

In thinking and talking about rights, including property rights, it seems natural to put the argument in either moral or legal terms. From the former viewpoint, rights are part of a description of what actions are right or wrong. The fact that I have a right to do something is an argument, although not necessarily a sufficient argument, that someone who prevents me from doing it is acting wrongly.

In this paper we seek to draw attention to some striking and heretofore unnoticed textual connections between Adam Smith's Theory of Moral Sentiments and David Hume's A Treatise of Human Nature. We find significant textual parallels between the parable of the poor man's son of TMS 4.1 and the famous conclusion to Book 1 of Hume's Treatise. These passages are often regarded as especially intense and moving parts of their respective works. We explore the nature and substance of these connections (...) and comment on their larger significance. The nature of the connections suggests that Smith consciously engaged Hume in his work through philosophical conversation. We suggest that these related passages show both Hume and Smith exploring and developing a particular dialectic between contemplation and action in human life. Both move to invert the classical relationship between contemplation and action through what we call the elevated imagination. (shrink)