Recent scholarship has claimed Adam Smith’s frontal attack on the mercantile system as a precocious expression of liberal anti-imperialism. This article argues that settler colonialism in North America represented an important exception and limit to anti-imperial commitments. Smith spared agrarian colonies from his invective against other imperial practices like chattel slavery trade monopolies...

Abstract Adam Smith does not focus on the creation of an ideal world, but understanding that societal changes for better are unintentional product commerce. Furthermore, as if to highlight concreteness these changes, he sees population growth way measure this betterment society.

According to Adam Adam Smith (1790), human selfishness can be restrained by introspection. We test the effect of introspection on people’s willingness to cooperate in a public good game. Drawing on the concept of identity utility (George A. Akerlof and Rachel E. Kranton, 2000), we show theoretically that introspection may enhance cooperation by increasing the relative cost of deviating from one...

There is a direct relationship between the economic resources and natural balance. Indeed, laws of nature play fundamental determining role as process that directs behavior movements living non-living beings in nature. According to Adam Smith, functioning economy formation general state equilibrium occur entirely thanks rational human called "invisible hand". It means has equipped people with a...

This study examines corporate performance effects when banks outsource noncore business processes. Additionally, the article proposes that knowledge management process plays a significant role in determining the outcomes of outsourcing. Drawing from resource theory and knowledge management literature, the authors develop the concept of managerial outsourcing competence and then propose a concep...

A review of economic thought since the sixteenth century reveals two streams of economic discourse, dirigisme and laissez-faire. Starting with the mercantilists, dirigiste approaches to economics embrace the real-world complexity of commodities that often differ greatly in attributes that are growthand rentaugmenting. Most importantly, this means that free trade is likely to be polarising: it c...