Search Results for: homo dialecticus

Homo Economicus, Homo Informaticus and Homo Dialecticus Part One: The three big things that make markets so productive and how we¢â¬â¢ve underplayed one of them.

Lennon and McCartney, Lerner and Lowe, Rogers and Hammerstein, Gilbert and Sullivan, John and Taupin, Lloyd-Webber and Rice. Were any of these guys quite as good on their own as they were with their partner? Are these gains from trade? … Continue reading

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Homo Dialecticus V: Why Adam Smith is to markets what Jane Austen is to marriage¢â¬

I’ve just got back from a trip to Canberra which allowed me to pick up the family copy of Pride and Prejudice – my Dad’s favourite book by his favourite author. I wanted to bring it back for my 11 … Continue reading

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Homo Dialecticus – Notes on Adam Smith: Installment Four. Maybe markets really DO contribute to virtue!

Adam Smith sketched what I’ve called a ‘dialectical’ picture of humanity in which people grow from infantile ‘self-love’ to become socialised and psychologically much more complex individuals. Self love remains powerful throughout their lives, but so too are the internal … Continue reading

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Homo Dialecticus Part Three: Why Adam Smith thinks markets are conducive to virtue

The story in the two posts so far in which some foreshadowing of what’s to come is snuck in. Smith’s great work in sociology and psychology The Theory of Moral Sentiments (TMS) shares a deep logical symmetry with his (now) … Continue reading

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Homo Dialecticus: Installment two – Adam Smith and the dialectic of markets

The story so far. . . Smith’s 1759 The Theory of Moral Sentiments (TMS) builds a picture of people as inherently dialectical beings. As Montes (2004: 55) puts it “The TMS presupposes sympathy as a principle in human nature that … Continue reading

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Homo Dialecticus – Notes on Adam Smith: First installment

In a recent ABC Radio National Program a psychologist said this: Looking Out for No.1, that they keep an idea sort of for the invisible hand of the market place that will somehow take your own self interest and turn … Continue reading

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Adam Smith is to Markets as Jane Austen is to Marriage

For those who’ve read the essay below and have no desire to re-read it, my apologies.  I didn’t post it at the time out of deference to the original publisher – the AFR.  However with a couple of years having … Continue reading

Posted in Economics and public policy, History, Society | 4 Comments