Adam Smith: Two Letters to Henry Beaufoy, Mp

Raynor, David

doi:10.1111/j.1467-9485.1996.tb00952.x

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Smithian Political Economy: Entitlements and Market Freedoms1

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“…However, Smith appears not to have opposed the scheme, "granting however, with uncommon candour, that the public would be no great sufferer" (ibid. ; see also Raynor, 1996). In any case, the scheme for creating employment on the Western Isles was not actually a short-term policy response to an impending famine, as Rothschild implies.…”

Section: Smithian Political Economy: Entitlements and Market Freedomsmentioning

confidence: 98%

Famine: Adam Smith and Foucauldian Political Economy

Williams

2015

Scottish J Political Eco

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It is often assumed that the attitudes of the early political economists, such as Smith, to issues of scarcity and famine were dogmatically laissez-faire. This view has been given fresh impetus by Michel Foucault's recently published lectures on the history of political economy. The article challenges this view. By examining Smith's texts and analyzing the way that Smith was received by critics in the century following the publication of the Wealth of Nations, the article argues that contemporary interpretations of Smith's views on scarcity and famine must be nuanced.The only quarrel [he] had with hon. Gentlemen with respect to Adam Smith was, that they never would read beyond one page of him. (Henry Drummond MP, addressing the House of Commons in 1849 [Hansard, 1849])

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Section: Smithian Political Economy: Entitlements and Market Freedomsmentioning

confidence: 98%