Adam Smith's philosophy

avatar
(Edited)

Polish_20210414_213645765.png

Greetings colleagues and friends this is another very important delivery, where philosophy and economics are linked, well as a specialist or lover of economics is another way to talk about economics, since everything lies in every being or person the value of his thinking of his philosophy as he handles it in life, that is why the economy is supported with another discipline to explain and study economic phenomena, remember that the economy is a science of a social nature, Now well reader friend, the importance of philosophy in economics is that it handles many suspects for the analysis of economic phenomena, it needs to establish hypotheses and assumptions to explain or respond to these economic phenomena, and then establish principles and then establish rules which represents the policies, economic policy is born.

402px-AdamSmith.jpg
Adam Smith(19723 - 1790) image source from Wikipedia, Author: Etching created by Cadell and Davies (1811), John Horsburgh (1828) or R.C. Bell (1872).


Ahora teniendo en cuenta amigo lector es que para Smith los seres humanos buscamos siempre un bienestar lo que representa un beneficio dentro de
Now taking into account my friend reader is that for Smith human beings always seek a welfare which represents a benefit within this context, since this benefit as he put it in his philosophy of morality, will be something natural of his own happiness which his stairway to success is virtue.


The founder of the science the economic sciences knew well the consequences which in morals and in politics must result from the selfish and self-interested system, which derives good and evil from precept and civil institution; and seeking a less arbitrary and more intimately constitutive principle of human morality, he thought he found it in sentiment, and said the criterion of all moral qualification in sympathy.
Elementos de ética, ó, Tratado de filosofía moral:para uso de los ... by José María Rey y Heredia, 1856


Thanks to the philosophical current of Adam Smith, the first basis and meaning of the theory of "economic liberalism" is founded, where we propose that there is state intervention, which will have a better impact on society, which is why the market would seek mechanisms to establish their own policies within this, since the figure of the state represents that only intervenes as a defender of this economic freedom, to exist what is today free trade.


Another important development within the economic world of that time, was the following work of An Inquiry into the Nature and Causes of the Wealth of Nations (1776), Thanks to the firmness of philosophy realized something very fundamental, which was to explain the general principles of law and the state, is where the basis of the economy is centered under ethics, thus having a great conceptual basis to create, also in turn to define political economy and economic policy, the then stable the laws of economics later in the history of the economic world.


The interesting thing about this topic is how the birth of economics as a science and also human nature and in addition to human beings as part of society, which is why the economy has its impacts on society, it establishes a series of suspuesto respond to problems and economic phenomena that originate in an economy.

Adam Smith's philosophy YouTube, for @newton666Introductory Video


20191017_203627.gif



0
0
0.000
2 comments
avatar

Interesting! did you know there's also a philosophy community on hive? the subscribers are still low and so are the interaction. I wonder why is that the case. You might want to crosspost this post there and maybe kick start an interaction?

0
0
0.000
avatar

Hi newton666,

This post has been upvoted by the Curie community curation project and associated vote trail as exceptional content (human curated and reviewed). Have a great day :)

Visit curiehive.com or join the Curie Discord community to learn more.

0
0
0.000