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Metaphors, markets, and morality (part 2): some questions about Adam Smith’s impartial spectator

Before I proceed with my review of the remaining chapters of Robin Paul Malloy’s Law and the Invisible Hand (Chs. 4-12), I want to pose a few additional questions about Adam Smith’s impartial spectator, one of the most compelling and … Continue reading →

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Metaphors, markets, and morality: review of Chapter 3 of Law and the Invisible Hand

Robin Paul Malloy makes two key moves in Chapter 3 of his new book Law and the Invisible Hand. First, he describes three of the most memorable, compelling, and complex metaphors in the writings of Adam Smith: the invisible hand, … Continue reading →

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June 21, 1788

To celebrate the day the Constitution of the United States officially became the law of the land–i.e., June 21, 1788, the day on which our nation’s charter was ratified by the requisite number of States–, below is a chronological listing … Continue reading →

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Review of Chapters 1 & 2 of Malloy’s Law and the Invisible Hand: Does Adam Smith have a theory of justice?

As I mentioned in a previous post, I have decided to review Robin Paul Malloy’s Law and the Invisible Hand. (Note and full disclosure: I was going to review Better Call Saul and Philosophy, a collection of essays published last … Continue reading →

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Postcards from Minneapolis (George Floyd Square)

I will resume my review of “Law and the Invisible Hand” in my next post; in the meantime, below are some of the pictures my wife Sydjia and I took during our visit to “George Floyd Square” in Minneapolis this … Continue reading →

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Review of Law and the Invisible Hand (part 1)

The first full paragraph of Robin Malloy’s Law and the Invisible Hand reads thus (footnote omitted): “Fundamentally, law is to society as gravity is to the solar system; it is the invisible force that holds society together and keeps it … Continue reading →

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Adam Smith as legal scholar

Adam Smith is mostly known as a political economist (The Wealth of Nations) or a moral philosopher (Theory of Moral Sentiments), but did you know that he was also a legal scholar? In fact, Smith was awarded a Doctorate of … Continue reading →

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History of Economics Society

I will be presenting my most recent work on Adam Smith (see here) at the annual meeting of the History of Economics Society, which is taking place at the University of St Thomas in downtown Minneapolis. Updates from the conference … Continue reading →

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Florida sunsets

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Judging the Magna Carta

Originally posted on prior probability:
You may have heard of “The Living Constitution” (i.e. the idea that the Constitution changes over time to meet our current needs), but have you ever heard of “The Living Magna Carta”? If not, check…

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