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Individual and Self-Interest in Adam Smith's Wealth of Nations

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Author Info
Stefano FIORI ()
Abstract

The aim of this essay is to describe the concept of self-interest and show how it relates to the idea of the individual as an economic agent, focusing only on Smith's Wealth of Nations. Self-interest is analysed from three different perspectives that highlight its conceptual complexity. The implication of the analysis is that modification must be made to the view that self-interest is a homogeneous and transparent principle, able to guide individuals' actions, and characterized by a set of features commonly shared by the majority.

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Publisher Info
Article provided by Centre national de la recherche scientifique (CNRS), Paris in its journal Cahiers d'économie Politique.

Volume (Year): (2005)
Issue (Month): 49 ()
Pages: 19-31
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Handle: RePEc:cpo:journl:y:2005:i:49:p:19-31

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Find related papers by JEL classification:
B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)
B31 - Schools of Economic Thought and Methodology - - History of Thought: Individuals - - - Individuals

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This page was last updated on 2009-12-2.

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