Athol Fitzgibbons's Books

Adam Smith's System of Liberty, Wealth, and Virtue

The Moral and Political Foundations of The Wealth of Nations

By: Athol Fitzgibbons

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Adam Smith's System of Liberty, Wealth, and Virtue

The Moral and Political Foundations of The Wealth of Nations

By: Athol Fitzgibbons

This study analyses the influence that Adam Smith's philosophy had on his Wealth of Nations, and reveals the unity in Smith's extensive system of morals, politics, and economics. It concludes that Smith was motivated by a political ideal, which was moral liberalism.

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Page Count

223

Publisher

Clarendon Press

Published Date

ISBN 10

0191521760

ISBN 13

9780191521768

The Nature of Macroeconomics

Instability and Change in the Capitalist System

By: Athol Fitzgibbons

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The Nature of Macroeconomics

Instability and Change in the Capitalist System

By: Athol Fitzgibbons

The Nature of Macroeconomics is a short but adventurous book that punches well above its weight . . . As part of a growing literature that identifies methodological issues as central to any appreciation of macroeconomic debate, and which seeks to under-labor for a more relevant useful indeed, more scientific macroeconomics, Fitzgibbons book is to be warmly welcomed. Mark Setterfield, Review of Social Economy Fitzgibbons examines the foundations of macroeconomic theory and policy and develops an insightful discussion of important issues, especially the state of knowledge of both market participants and policymakers . . . The Nature of Macroeconomics is clearly a book that contributes to the growth of our own partial knowledge. David Dequech, Review of Political Economy Athol Fitzgibbons s book distils the main lesson of the debates on Keynes over the last 25 years: that macroeconomics has to be based on a theory of knowledge consistent with the way life is lived, where decisions are made in the face of imperfect knowledge. All existing theory (including, he argues, the General Theory) assumes either perfect knowledge or complete ignorance. He shows us why this has happened, and suggests a way out. It is a brave, knowledgeable and important book. Victoria Chick, University College London, UK A well-written, well-argued discussion of the foundations of macro. If you are unfamiliar with the arguments that macro is not, and cannot be, a traditional science, then this book is definitely worth reading. David Colander, Middlebury College, Vermont, US This book addresses the long absence of a satisfactory theory of macroeconomics. Keynesian theory is not consistent with rational self-interest, but neo-classical economics is unable to explain economic volatility and the trade cycle. Athol Fitzgibbons critiques the leading macroeconomic theories, which he believes are unduly mechanistic because they are incompatible with non-quantitative knowledge. The author sketches the intellectual history of partial knowledge and judgement so far as these relate to macroeconomics, and rejects the claims that Keynes recanted the analysis of practical reason in his Treatise on Probability. Fitzgibbons s theme is the possibility of a new synthesis of Keynes and the neoclassical system. This stresses financial rationality, but it also recognizes that there is an element of indeterminacy in both government policies and the movements of the market.

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Page Count

183

Publisher

Edward Elgar Publishing

Published Date

ISBN 10

1843765330

ISBN 13

9781843765332

Adam Smith's System of Liberty, Wealth, and Virtue

The Moral and Political Foundations of The Wealth of Nations

By: Athol Fitzgibbons

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Adam Smith's System of Liberty, Wealth, and Virtue

The Moral and Political Foundations of The Wealth of Nations

By: Athol Fitzgibbons

This book examines the influence that Adam Smith's philosophy had on his economics, drawing on the neglected parts of Smith's writings to show that the political and economic theories built logically on his morals. It analyses the significance of his stoic beliefs, his notions of art and music, astronomy, philosophy and war, and shows that Smith's invisible hand was part of a 'system' that was meant to replace medieval Christianity with ethic of virtue in this world rather than the next. Smith was motivated primarily by a political ideal, a moral version of liberalism. He rejected the political philosophy of the Greeks and Christians as authoritarian and unworldly, but contrary to what many economists believe, he also rejected the amoral liberalism that was being advocated by his countryman and friend David Hume. Far from being myopic about self-love, Smith arrived at his theories of free trade, economic growth, and alienation via his reinterpretation of Stoic virtue. Of interest to economists, philosophers, political theorists, sociologists and lawyers concerned with jurisprudence, this book is clearly written, and its innovations reveal the hitherto hidden unity in Smith's overarching system of morals, politics and economics.

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223

Publisher

Oxford University Press

Published Date

ISBN 10

0198289235

ISBN 13

9780198289234

Keynes's Vision

A New Political Economy

By: Athol Fitzgibbons

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Keynes's Vision

A New Political Economy

By: Athol Fitzgibbons

This essay explores the ideas of statesman John Maynard Keynes, describing how he formulated a new system of political economy, as different and inspiring as the political economies of Adam Smith or Karl Marx.

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Page Count

217

Publisher

Oxford University Press

Published Date

ISBN 10

0198286414

ISBN 13

9780198286417

Adam Smith's System of Liberty, Wealth, and Virtue

The Moral and Political Foundations of The Wealth of Nations

By: Athol Fitzgibbons

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Adam Smith's System of Liberty, Wealth, and Virtue

The Moral and Political Foundations of The Wealth of Nations

By: Athol Fitzgibbons

Drawing on the neglected parts of Smith's writings to show that the political & economic theories built logically on his morals this book examines the influence that Smith's philosophy had on his economics.

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Page Count

214

Published Date

ISBN 10

0191596248

ISBN 13

9780191596247

Book's by Athol Fitzgibbons

Adam Smith's System of Liberty, Wealth, and Virtue

Adam Smith's System of Liberty, Wealth, and Virtue

The Nature of Macroeconomics

The Nature of Macroeconomics

Adam Smith's System of Liberty, Wealth, and Virtue

Adam Smith's System of Liberty, Wealth, and Virtue

Keynes's Vision

Keynes's Vision

Adam Smith's System of Liberty, Wealth, and Virtue

Adam Smith's System of Liberty, Wealth, and Virtue

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