Machines, Bodies and Invisible Hands: Metaphors of Order and Economic Theory in Adam Smith

ISBN-13: 9783030852085 / Angielski / Miękka / 2022 / 242 str.

Stefano Fiori

Opis

What was Adam Smith’s intellectual laboratory? How did his economic theory take shape? Were his metaphors of order only residual and ornamental expressions? This book answers these questions by analyzing the formation of the concepts of market and social order in Adam Smith’s work, by considering various aspects of his approach. It analyzes how metaphors and pre-analytical concepts influenced Smith’s theory. In line with studies that deal with the cognitive role of metaphors in science, this book suggests that in Smith’s work metaphors provided a framework, on which basis the theory subsequently developed. Therefore, as such they were part of that intellectual process which made possible the formation of structured concepts.

The content and scope of the book permits a more comprehensive interpretation of Smith’s thought, in which many aspects of his work are taken into consideration in order to explain a crucial problem for Smith: the nature and causes of social and economic order. The book also shows that in general, formation of theories is a complex process that includes pre-analytical views as non-residual parts of inquiry.

Spis treści

Chapter 1. Introduction

Part 1. Machines, Bodies, and Invisible Hands

Chapter 2. Metaphors as conceptual tools

Chapter 3. The metaphor of the machine

Chapter 4. Smith and the organic metaphors

Chapter 5. The invisible hand

Part 2. Visible and Invisible Orders: The Secrets of Organization 

Chapter 6. Paradigms of Order in the Seventeenth Century: Intelligibility as Visibility

Chapter 7. The Invisible Order: Imagination, Nature, and the Economic Sphere

Chapter 8. Organization and Invisible Forces in the Life Sciences of the Late Eighteenth Century

Part 3. Forms and Experiences of Time

Chapter 9. Time and Social Order

Chapter 10. Conclusions

O autorze

Stefano Fiori teaches economics in the Department of Economics and Statistics “Cognetti de Martiis” University of Torino, Italy. His research fields focus on the history of economic thought and on the connection between philosophy, economics, and other social sciences, viewed in historical perspective. His scientific interests include pre-classical and classical economics, Austrian economics, institutional and new institutional economics, economic methodology, and theories of bounded rationality.

Blurb

What was Adam Smith’s intellectual laboratory? How did his economic theory take shape? Were his metaphors of order only residual and ornamental expressions? This book answers these questions by analyzing the formation of the concepts of market and social order in Adam Smith’s work, by considering various aspects of his approach. It analyzes how metaphors and pre-analytical concepts influenced Smith’s theory. In line with studies that deal with the cognitive role of metaphors in science, this book suggests that in Smith’s work metaphors provided a framework, on which basis the theory subsequently developed. Therefore, as such they were part of that intellectual process which made possible the formation of structured concepts.

The content and scope of the book permits a more comprehensive interpretation of Smith’s thought, in which many aspects of his work are taken into consideration in order to explain a crucial problem for Smith: the nature and causes of social and economic order. The book also shows that in general, formation of theories is a complex process that includes pre-analytical views as non-residual parts of inquiry.

Stefano Fiori teaches economics in the Department of Economics and Statistics “Cognetti de Martiis” University of Torino, Italy. His research fields focus on the history of economic thought and on the connection between philosophy, economics, and other social sciences, viewed in historical perspective. His scientific interests include pre-classical and classical economics, Austrian economics, institutional and new institutional economics, economic methodology, and theories of bounded rationality