Adam Smith and Isaac Newton

Deborah A Redman

Scottish Journal of Political Economy, 1993, vol. 40, issue 2, 210-30

Abstract: The commonly held view that Adam Smith patterned economics after Issac Newton's method is examined and dismissed. Both Smith and Newton's methods are explored and compared. Smith's method is shown to have differed significantly from Newton's--in spite of Smith's pronouncements to the contrary--for reasons best explained by considering the Scottish tradition. Finally, the significance of Smith's methodology for modern economics is discussed. Copyright 1993 by Scottish Economic Society.

Date: 1993
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