IDEAS home Printed from
   My bibliography  Save this article

"Vicios privados, beneficios públicos" o la diestra administración del legislador utilitarista


  • Jimena Hurtado Prieto

    () (Facultad de Economía y Cede, Universidad de los Andes)


This article explores the connection between Bernard Mandeville and Jeremy Bentham. Their analyses are complementary on two points: first, the descriptive sense of the utility principle, main axiom of Bentham's utilitarianism, relies on an implicit anthropological conception which Mandeville explains in detail. Second, the latter's great lesson is that “private vices by the dextrous management of a skillful politician may be turned into public benefits”. Bentham's art of legislation allows understanding of “the dextrous management and knowing” “who the skillful politician is”. Furthermore, Mandeville accounts for the emergence of the legislator, central figure in his theory as well as in Bentham's because it guarantees social cohesion.

Suggested Citation

  • Jimena Hurtado Prieto, 2004. ""Vicios privados, beneficios públicos" o la diestra administración del legislador utilitarista," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 61, pages 71-99, Julio-Dic.
  • Handle: RePEc:lde:journl:y:2004:i:61:p:71-99

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Geske, Robert & Shastri, Kuldeep, 1985. "Valuation by Approximation: A Comparison of Alternative Option Valuation Techniques," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 20(01), pages 45-71, March.
    Full references (including those not matched with items on IDEAS)

    More about this item


    Bernard Mandeville; Jeremy Bentham; legislator; human nature; social cohesion;

    JEL classification:

    • B11 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Preclassical (Ancient, Medieval, Mercantilist, Physiocratic)
    • 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 Economic Thought: Individuals - - - Individuals


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lde:journl:y:2004:i:61:p:71-99. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Carlos Andrés Vasco Correa). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.