ADAM SMITH AND ECONOMIC DEVELOPMENT IN THEORY AND PRACTICE: A REJECTION OF THE STADIAL MODEL?. Issue 1 (14th March 2022)
- Record Type:
- Journal Article
- Title:
- ADAM SMITH AND ECONOMIC DEVELOPMENT IN THEORY AND PRACTICE: A REJECTION OF THE STADIAL MODEL?. Issue 1 (14th March 2022)
- Main Title:
- ADAM SMITH AND ECONOMIC DEVELOPMENT IN THEORY AND PRACTICE: A REJECTION OF THE STADIAL MODEL?
- Authors:
- Paganelli, Maria Pia
- Abstract:
- Abstract : Adam Smith allegedly offers a model of economic development in both his Lectures on Jurisprudence and the Wealth of Nations —the so-called four stages of development model. The model presents a linear unfolding view of economic development from primitive to advanced stages. But Smith's own historical examples systematically contradict this model. I thus question whether Adam Smith actually endorses and uses the four stages model of development to illustrate development and suggest that if he does, he does it to discredit it instead. For Smith, history teaches that development is more accidental than fitting deterministic models.
- Is Part Of:
- Journal of the history of economic thought. Volume 44:Issue 1(2022)
- Journal:
- Journal of the history of economic thought
- Issue:
- Volume 44:Issue 1(2022)
- Issue Display:
- Volume 44, Issue 1 (2022)
- Year:
- 2022
- Volume:
- 44
- Issue:
- 1
- Issue Sort Value:
- 2022-0044-0001-0000
- Page Start:
- 95
- Page End:
- 104
- Publication Date:
- 2022-03-14
- Subjects:
- Economics -- History -- Periodicals
330.05 - Journal URLs:
- http://journals.cambridge.org/action/displayJournal?jid=HET ↗
- DOI:
- 10.1017/S1053837220000309 ↗
- Languages:
- English
- ISSNs:
- 1053-8372
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 5000.780000
British Library HMNTS - ELD Digital store - Ingest File:
- 21238.xml