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Introduction à la pensée d'Adam Smith

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  • Jacques Fontanel

    (CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - UPMF - Université Pierre Mendès France - Grenoble 2 - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble)

Abstract

Adam Smith is often presented as the founder of economic science. However, his analyses are sometimes contradictory, but they have inspired economists either to accept their conclusions or, on the contrary, to invalidate them in the most demonstrative way. His analysis of the "invisible hand" has been much contested, and has been shown to be erroneous. However, on the basis of these reflections, sometimes providentialist, he gave rise to numerous rigorous economic analyses. He is presented as the champion of individual interest, which would lead to the economic optimum and even of homoeconomicus. However, he condemned slavery, colonization, monopolies, employers' unions, the fascination of men for wealth. He addressed the question of the subsistence minimum, wages, the necessary intervention of the state and the conflicting questions of income distribution.

Suggested Citation

  • Jacques Fontanel, 1980. "Introduction à la pensée d'Adam Smith," Post-Print hal-03409979, HAL.
  • Handle: RePEc:hal:journl:hal-03409979
    Note: View the original document on HAL open archive server: https://hal.univ-grenoble-alpes.fr/hal-03409979
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    References listed on IDEAS

    as
    1. Knight, Frank H, 1942. "Profit and Entrepreneurial Functions," The Journal of Economic History, Cambridge University Press, vol. 2(S1), pages 126-132, December.
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