The Smithian Account in Amartya Sen's Economic Theory

Franz F. Eiffe

Publikation: Working/Discussion PaperWU Working Paper


The purpose of the paper is to reconstruct Smith's view not only of human being but also of the economic system basing on his action, so as to show in what way Amartya Sen constructs his moral economic account on these presuppositions and how he conceptualizes some specific Smithian principles, reintegrating them in economic theorising. Sen's model of behavior but also his holistic views on the economy and human development, which have accumulated in the well known capability approach, is inspired by the philosophical work of Adam Smith. In fact, there are more similarities between the two economists than one might think. (...) (author´s abstract)
HerausgeberInstitut für Sozialpolitik, WU Vienna University of Economics and Business
PublikationsstatusVeröffentlicht - 2008


ReiheWorking Papers / Institut für Sozialpolitik

WU Working Paper Reihe

  • Working Papers / Institut für Sozialpolitik