Repository logo
 
Publication

Adam Smith on power and maritime trade

dc.contributor.authorMartins, Nuno O.
dc.date.accessioned2014-08-28T14:50:53Z
dc.date.available2014-08-28T14:50:53Z
dc.date.issued2014
dc.date.updated2014-08-23T20:55:35Z
dc.descriptionCopyright © 2014 The Pennsylvania State University, University Park, PA.en
dc.description.abstractAdam Smith's An Inquiry into the Nature and Causes of the Wealth of Nations is often interpreted as an explanation of the self-regulating nature of the market system, where an "invisible hand" leads to a harmonious coordination of different economic agents' pursuit of self-interest, so that economic development is brought about naturally through the division of labor. However, a closer reading of Smith's contribution shows that he saw the expansion of the market as a process typically driven by military and political power. For Smith, cases of a natural and spontaneous growth of industry occur only due to exceptional circumstances.en
dc.identifier.citationMartins, Nuno Miguel Ornelas (2014). "Adam Smith on power and maritime trade", Mediterranean Studies, 22(1): 38-56. DOI: 10.1353/mds.2014.0003.en
dc.identifier.doi10.1353/mds.2014.0003
dc.identifier.issn1074-164X (Print)
dc.identifier.issn2161-4741 (Online)
dc.identifier.urihttp://hdl.handle.net/10400.3/3137
dc.language.isoengpor
dc.peerreviewedyespor
dc.publisherPenn State University Pressen
dc.relation.publisherversionhttp://muse.jhu.edu/journals/mediterranean_studies/summary/v022/22.1.martins.htmlpor
dc.subjectAdam Smithpor
dc.subjectPoweren
dc.subjectTradeen
dc.subjectConducten
dc.subjectSurplusen
dc.subjectMediterranean Coloniesen
dc.subjectAtlantic Coloniesen
dc.titleAdam Smith on power and maritime tradepor
dc.typejournal article
dspace.entity.typePublication
oaire.citation.conferencePlaceEUApor
oaire.citation.endPage56por
oaire.citation.issue(1)por
oaire.citation.startPage38por
oaire.citation.titleMediterranean Studiespor
oaire.citation.volume22por
rcaap.rightsrestrictedAccesspor
rcaap.typearticlepor

Files

Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
MS 22.1_02_Martins.pdf
Size:
709.82 KB
Format:
Adobe Portable Document Format
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description: