Economics Dictionary of ArgumentsHome
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| Adam Smith Problem - Economics Dictionary of Arguments | |||
| Adam Smith Problem: The Adam Smith Problem refers to an alleged inconsistency between Smith’s two major works The Theory of Moral Sentiments (1759), which emphasizes human sympathy and moral behavior, and The Wealth of Nations (1776), which focuses on self-interest and market behavior. Critics argue these views contradict, but many scholars believe Smith saw both moral sentiments and self-interest as compatible in supporting social order and economic prosperity. See also Adam Smith, Markets, Egoism._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
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| Economic Theories | Adam Smith Problem | Economic Theories, | |
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Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2026-03-12 | |||
