History

Economics as Moral Philosophy

• The Enlightenment (PPT_3)
  • Progress (Scientific Revolution & Enlightenment)
  • Property
  • The Individual

READINGS:

• Utilitarianism and Virtue: The World of Limited Good Revisited
  • Jeremy Bentham, An Introduction to the Principles of Morals & Legislation, chpts. 1-5. 
  • Smith,The Theory of Moral Sentiments(Part I, section I)

Paper prompt 4 (due June 16): What is Bentham’s view of virtue? What is Smith’s theory of virtue? How does Smith’s theory of virtue compare with that of utility maximalization?