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Jacob Viner on Adam Smith: Development and reception of a theological reading

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  • Paul Oslington

Abstract

Jacob Viner was one of the most important interpreters of Adam Smith's work, particularly for his emphasis in a classic 1927 article on Smith's theological framework, his discussion of the relationship between the Theory of Moral Sentiments and the Wealth of Nations and dismantling of a popular view of Smith as a doctrinaire advocate of laissez-faire. What is less well known is that Viner's theological reading of Smith developed over the next 40 years through intense study of eighteenth century natural theology, and some of his views changed. This article traces the development of Viner's interpretation of Smith. It assesses the suggestion of D.D. Raphael that Smith moved away from a theological framework over time and that Viner repudiated his theological reading of Smith. I argue instead that Viner's mature work broadened and strengthened the theological reading. Much of the literature on Smith and Viner wrongly assumes that naturalistic explanation and theological frameworks are mutually exclusive. This may be the dominant twentieth century view, but it was not so in the eighteenth century, as Viner well understood.

Suggested Citation

  • Paul Oslington, 2012. "Jacob Viner on Adam Smith: Development and reception of a theological reading," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 19(2), pages 287-301, May.
  • Handle: RePEc:taf:eujhet:v:19:y:2012:i:2:p:287-301
    DOI: 10.1080/09672567.2010.499471
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    1. Winch,Donald, 1996. "Riches and Poverty," Cambridge Books, Cambridge University Press, number 9780521559201.
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    1. Madarász, Aladár, 2014. "A láthatatlan kéz - szemelvények egy metafora történetéből [The invisible hand - extracts from the history of a metaphor]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 801-844.

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