Adam Smith and Three Theories of Altruism
AbstractSmith advanced a particular view of altruism that should prove to be relevant to the modem literature on the subject. It provided the back-bone of his critique of three different theories. These three theories have been reincarnated in three modem approaches : Robert Axelrod's "egoistic", Gary Becker's "egocentric", and George Herbert Mead and Robert Frank's "altercentric" views. Axelrod's approach repeats the failing, which Smith found in Mandeville's. Becker's theory echoes the shorteoming, which Smith identified in Hobbes'. Mead/Prank's view duplicates the fault, which Smith uncovered in the approach of Francis Hutcheson and other figures of the Scottish Enlightenment.
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Bibliographic InfoArticle provided by De Boeck Université in its journal Recherches économiques de Louvain.
Volume (Year): 67 (2001)
Issue (Month): 4 ()
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Web page: http://www.cairn.info/revue-recherches-economiques-de-louvain.htm
Other versions of this item:
- Elias L. KHALIL, 2001. "Adam Smith and Three Theories of Altruism," Discussion Papers (REL - Recherches Economiques de Louvain) 2001044, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- B4 - Schools of Economic Thought and Methodology - - Economic Methodology
- D0 - Microeconomics - - General
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