Abstract:
This article explores why Smith's work is a turning point in the history of economic thought. The constitution of an economic discourse and the delimitation of the economy sphere are attributed to: i) the specific nature of Smith's moral philosophy; ii) his way of conceiving economic action as composing an ontological domain structured upon two axis: labor and exchange. The text indicates the connections between Smith's moral philosophy and his economic thought, suggesting that the conventional interpretations underestimate their variety and complexity.
More papers in Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais Address: Cedeplar-FACE-UFMG Av. Antonio Carlos, 6627 Belo Horizonte, MG 31270-901 Brazil Contact information at EDIRC. Series data maintained by Hugo E. A. da Gama Cerqueira ().
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