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On technological change and stage evolution in the works of Seneca and Adam Smith

Author

Listed:
  • Christos P. Baloglou

    (University of Frankfurt)

Abstract

The present paper investigates the links that connect Seneca and Adam Smith in relation to the concept of the technological change and the evolution of society. The Roman philosopher and jurist discusses extensively the technical achievements in various factors of production which are an outcome of the division of labour. The main question concerning the fact, if all inventions stem originally from the cogitations of philosophers, or, the common workman is exposed to the manufacturing process in his daily tasks appears also in Adam Smith’s thought. The analysis shows Smith’s classical roots and the significance of the Roman literature.

Suggested Citation

  • Christos P. Baloglou, 2010. "On technological change and stage evolution in the works of Seneca and Adam Smith," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 3(2), pages 153-163, May.
  • Handle: RePEc:bus:jphile:v:3:y:2010:i:2:p:153-163
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    More about this item

    Keywords

    division of labour; invention; productive process;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)

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