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The question of whether at present Smith is of any importance for economic analysis is dealt with. The attempts of a number of authors to reach a new interpretation of Smith are examined. The emphasis is on the argument on which the decision to come to a reorientation on Smith would be based. Reasons are given for why the current Smith interpretation might be disqualified as an anachronism. Finally, on the basis of a number of specific passages from The Wealth of Nations, there is a particularisation in the questions one might justly ask regarding the current interpretation of Smith′s economic thought.
Keywords:
Economic theory
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© MCB UP Limited
1989
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