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Have you read Smith's Theory of Moral Sentiments? It applies the same kind of thinking found in Wealth of Nations (deriving systemic social principles from indi
by allturtles 5y ago
Have you read Smith's Theory of Moral Sentiments? It applies the same kind of thinking found in Wealth of Nations (deriving systemic social principles from individual human motivations) to the moral sphere. He first introduced the phrase "invisible hand" in this, earlier book.
https://www.adamsmith.org/the-theory-of-moral-sentiments https://www.adamsmith.org/the-theory-of-moral-sentiments
- danboarder 5y agoYes! Thank you for the reminder. Years ago I did read it in grad school studying economics, and this conversation has me looking for it, I plan to read it again. As a side note, I found the work of Joseph Schumpeter also incredibly insightful, he coined the term 'creative destruction'.