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From the History of Astronomy to the Wealth of Nations: Wonderful Wheels and Invisible Hands in Adam Smith’s Major Works

In: Inflation, Institutions and Information

Author

Listed:
  • Francesco Luna

Abstract

Adam Smith’s works are particularly dear to Axel Leijonhufvud. Well before the spreading interest in endogenous growth, Professor Leijonhufvud revived ‘an old parable, Adam Smith’s theory of manufacturing production, which has been shunted aside and neglected because it has not fitted into the formal structure of either neo-classical or neo-Ricardian theory’.1

Suggested Citation

  • Francesco Luna, 1996. "From the History of Astronomy to the Wealth of Nations: Wonderful Wheels and Invisible Hands in Adam Smith’s Major Works," Palgrave Macmillan Books, in: Daniel Vaz & Kumaraswamy Velupillai (ed.), Inflation, Institutions and Information, chapter 8, pages 131-153, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-13521-9_8
    DOI: 10.1007/978-1-349-13521-9_8
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