Adam Smith in Context: A Critical Reassessment of Some by Leonidas Montes (auth.)

By Leonidas Montes (auth.)

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Hutchison (1988) provides a brief but very insightful account on Schmoller; see also Nau (2000) and Peukert (2001), who in addition to recovering his importance, presents an extensive survey of the literature on Schmoller. This project was ironically labelled by a liberal journalist in 1871 as the Katherdersozialisten, a term usually translated as ‘socialists of the chair’ (see Sheehan, 1966, p. 59; Cohn, 2000 [1894], p. 134, Oncken, 2000 [1898], p. 103). For a recent history and analysis of the Verein für Sozialpolitik, see Hagemann (2001).

330–1). And second, Morrow attributes, as does Viner, a leading role to the apparent theological background of 41 Wilhelm Hasbach in his Untersuchungen über Adam Smith und die Entwicklung der Politischen Öekonomie (An Analysis of Adam Smith and the Development of Political Economy, 1891) anticipating Viner’s famous remark, maintains that Smith’s sixth edition of the TMS contains ‘among a number of outstanding points much senile, sentimental garrulousness’ (quoted in Eckstein, 2000 [1926], p. 26).

6, Oncken, 2000 [1898], p. 88). Jacob Viner, in the first paragraph of his influential ‘Adam Smith and Laissez Faire’, also suggests the importance of Smith’s ‘system-building’ for English economics (Viner, 1927, p. 198). 34 Adam Smith in Context with the moral development of man, Smith’s Essays deal with the intellectual development, and the WN with the material development of humankind (Delatour, 1886, p. 79). Finally, Friedrich Albert Lange (1828–75), a founding member of the Marburg School of NeoKantianism, in his monumental History of Materialism (1865), quoting Buckle’s proof as ‘conclusive’, defends the unity of both works, acknowledging sympathy and self-interest as different impulses for human actions: ‘[s]ympathy and Interest were with him the two great springs of human actions’ (Lange, 1925 [1865], vol.

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