ON THE SOCIAL NATURE OF RATIONALITY IN ADAM SMITH AND JOHN STUART MILL
Michel Zouboulakis
Cahiers d’économie politique / Papers in Political Economy, 2005, issue 49, 51-63
Abstract:
The main purpose of this article is to stress the social nature of economic rationality in the works of Adam Smith and John Stuart Mill. As it will be suggested through some textual evidence, both thinkers believed that individuals and their actions depend on the social, cultural and moral frame inside which they operate. In the light of this, it is proposed to evaluate the potential impact of their ideas in the latest theoretical developments of economic rationality.
JEL-codes: B12 B40 (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:cpo:journl:y:2005:i:49:p:51-63
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