... for their exceptionally helpful comments on an earlier draft of this essay. Copyright 2016 by Duke University Press 2016 laissez-faire common good welfare state George Eliot Henry Sidgwick References Alborn Timothy L. 1995 . “The Moral of the Failed Bank: Professional Plots in the Victorian...

...Marynel Ryan Van Zee This article examines conceptions of the family, and the relationships within it, as checks to individual self-interest in German economic thought over the nineteenth century. Across various discourses, marriage and the family emerged as symbols of commitment to the common good...

... protectionist economic policies and took the form of a critique of monopolies made in the name of the common good. After Waterloo and the collapse of the empire, Sismondi developed a critique of the British school of political economy and its corresponding model of economic development through...

...Guy Numa The common narrative about Jean-Baptiste Say’s treatment of money holdings is that he denied the possibility of hoarding. I show that this interpretation of Say’s thinking is erroneous. Drawing upon the various editions of Traité and Cours and other lesser-known texts, I provide...

... debases the coinage is the tyrant of Aristotle’s Politics, who put his own private interests above the common good” (Langholm 1983, 16-17; see also 1992,505). 5. The question of the respective compositive order of Buridan’s and Oresme’s works is not clear-cut. Traditional-and conflicting...

....” Such a “righteous commu- nity” requires commitment to the common good by all and not “self- seeking” behavior. He goes on to suggest that full employment and relative equality of wealth represent Raymond’s characterization of the righteous community; Conkin also suggests that Raymond’s understand- ing...

.... The Doctrines of the “Common Good” and the “Scale of Values” The medieval moral theologians could have found the maxim that the “common good or the “public good,” had priority over the good of the individual in Cicero or Seneca, and later in the Latin translations of Aristotle...

... The modern mechanistic conception of the market as a suprapersonal force setting the terms to which an individual exchanger must submit was foreign to the medieval masters. Their frame of reference was a moral universe that obliged any buyer or seller to act for the common good...

... is desperate (e.g., starvation) and the intrusion is minimal. This reflects Smith’s standard of the common good: “the welfare of the lowest members of society” (165). The invisible hand works to realize this common good when “self-interest and virtue co-exist in a symbiotic relation” (176...

... or reciprocal justice as a principle governing social relation- ships. Reciprocal justice does not govern the distribution of common goods among members of a community; nor does it provide the ap- propriate rule for dealing with “involuntary commutations’’ such as theft or assault. However...

... welfare, or the common good, which underpins Smith’s definition. In this paper I investigate Smith’s notion of public welfare as it relates to the growth of real output per person. I argue, first, that Smith’s notion of the common good is directly related to the idea of the impartial spectator...

... to provide common goods to satisfy a collective need might either eliminate some goods from the market or supply other goods that may benefit a few and harm the majority (Braun 1929c : 15–18). Unlike Sax, Pigou ( 1920 ) was aware of the extraordinary difficulty of assuming the identity between...

... be- tween justice, understood as commutative justice, and utility, understood as the common good, and, second, the relation between commutative justice and distributive justice, understood as equity. His general posi- tion on both of these relationships is not difficult to discern. He states it clearly...

... important in the context of monarchical power, specifically as it related to harmony between sovereign and subjects, the promotion of the common good and the dimensions of personal freedom in general and laissez-faire discourse in particular. Among the economic ideas of the Enlightenment...

... to the particular economic and social problems of the interwar period but also to the overall problems of proper national government and the attainment of common good. According to Mihail Manoilesco (1936, 80–82), one of the most dis- tinguished Romanian advocates of corporatism, the basic principle...

... the following: (1) common needs, (2) collective needs, and (3) the needs of human associations. As a logical consequence, three different social goods are required for their satisfaction: (1) common goods, (2) collec- tive goods, and (3) goods of human associations (7). 1. Common needs are shared...

.... With no guarantee that the outcome of a myriad of individual de- cisions would equate to the “common good,” Scrope was left free to advocate a corrective paternal intervention. Because “all are not wise and good,” Scrope (1846, 19) wrote, that which was “essential to the benefits and safety of all must...

... it must be for the common good, and this is opposed to the common good, as I already told you.” It was opposed to the common good because Indians were not selling what they owned as individuals, but what belonged to the community: “The Indian as an individual owns nothing more than a blanket...

... of democracy which embodied ele- ments of majority rule, will of the people, and the common good revealed through reason-but virtually ignored the leadership factor-produced types of policies that not only met with his disap- proval, but led him to challenge the very validity of this theory...

... and the common good was clear in 18th-century English thought, and while it may have taken longer for political economy to achieve the same level of analytical sophistication without Smith and the influences transmitted through him from continental Europe, political economy would have taken a broadly similar...