Adam Smith wrote two books, one about economics and the other about morality. His Wealth of Nations argues for a largely free-market economy, while his Theory of Moral Sentiments argues that human morality develops out of a mutual sympathy that people seek with one another. How do these books go together? How do markets and morality mix? James Otteson's 2002 book provides a comprehensive examination and interpretation of Smith's moral theory and shows how his conception of the nature of morality applies to his understanding of markets, language and other social institutions. Considering Smith's notions of natural sympathy, the impartial spectator, human nature, and human conscience the author also addresses the issue of whether Smith thinks that moral judgments enjoy a transcendent sanction. James Otteson sees Smith's theory of morality as an institution that develops unintentionally but nevertheless in an orderly way according to a market model.

James Otteson's 2002 book provides a comprehensive examination and interpretation of Smith's moral theory.
Reviews
'... a substantial and important study of Adam Smith's moral theory ... ambitious in its scope and coverage ...'. David Lieberman, University of California, Berkeley
'... rigorously argued, using just the right amount of references and citations, and written in a clear and concise language; the author drives his point home with remarkable effectiveness ...'. Canadian Journal of Political Science
'... this is an important study with a distinctive contribution to debates about the 'Adam Smith problem'; it provides some stimulating arguments that deserve considered attention and will no doubt prompt further debate.' British Journal for the History of Philosophy



Book Information
ISBN 9780521016568
Author James R. Otteson
Format Paperback
Page Count 354
Imprint Cambridge University Press
Publisher Cambridge University Press
Weight(grams) 460g
Dimensions(mm) 228mm * 152mm * 22mm