Self-Interest before Adam Smith inquires into the foundations of economic theory. It is generally assumed that the birth of modern economic science, marked by the publication of The Wealth of Nations in 1776, was the triumph of the 'selfish hypothesis' (the idea that self-interest is the motive of human action). Yet, as a neo-Epicurean idea, this hypothesis had been a matter of controversy for over a century and Smith opposed it from a neo-Stoic point of view. But how can the Epicurean principles of orthodox economic theory be reconciled with the Stoic principles of Adam Smith's philosophy? Pierre Force shows how Smith's theory refutes the 'selfish hypothesis' and integrates it at the same time. He also explains how Smith appropriated Rousseau's 'republican' critique of modern commercial society, and makes the case that the autonomy of economic science is an unintended consequence of Smith's 'republican' principles.
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Pierre Force received his academic training in France, where he was a fellow of the École normale supérieure. He took his BA (1979), doctorate (1987), and habilitation (1994) at the Sorbonne. He first came to the United States in 1984 as a lecturer at Yale University, and he joined the Columbia faculty in 1987. His field of research is seventeenth and eighteenth-century intellectual history. He is the author of Le Problème herméneutique chez Pascal (Paris: Vrin, 1989), Molière ou Le Prix des choses (Paris: Nathan, 1994), and Self-Interest before Adam Smith (Cambridge University Press, 2003).
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Hardcover. Condition: new. Hardcover. Pierre Force studies the history of the concept of self-interest to understand its meaning by the time that Adam Smith used it as an axiom in The Wealth of Nations. He demonstrates that Smith, unlike many of his predecessors and contemporaries, never endorsed the idea that self-interest is the motivation behind all human action, although the "selfish hypothesis" did have a place in his doctrine. This book provides insight on classic puzzles of economic theory and is a major work from an outstanding scholar. A study of the history of the concept of self-interest before Adam Smith, in order to understand what it meant when Adam Smith used it as an axiom in The Wealth of Nations. The author shows that Smith's theory refutes the 'selfish hypothesis' yet integrates it at the same time. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780521830607
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