{"product_id":"the-adam-smith-problem-moatez-chaouachi-9783656240594","title":"The Adam Smith Problem: A misunderstanding of Human behaviour","description":"Scientific Essay from the year 2012 in the subject Economics - History, grade: First, London Metropolitan University, language: English, abstract: In Wealth of Nations, Smith vehemently cited that economic practices were motivated by the principle of self-interest. On the other hand, Smith argued that economic behaviour was mainly determined by sympathy, a sentimental phenomenon that is prominent in the Theory of Moral Sentiments. As such, these two works present a moral dilemma as to whether the human behaviour in economy is motivated by self-interests or sympathy. In effect, the Adam Smith Problem revolves around the presumption that economic behaviour is driven by both social interest of benevolence and private interest of self-love. This paper presents a critical analysis of this problem. In details, the paper seeks to determine the extent to which the problem is based on a misunderstanding of human behaviour.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Moatez Chaouachi\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 3656240590\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9783656240594\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Grin Verlag\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 07\/23\/2012\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 20\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.12lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 10.00h x 7.00w x 0.04d","brand":"Moatez Chaouachi","offers":[{"title":"Paperback","offer_id":44201975283967,"sku":"9783656240594","price":37.9,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_ee0f34c0-e5ca-497e-a33d-08fbe950dab1.jpg?v=1691492508","url":"https:\/\/www.whiterainbookhouse.com\/products\/the-adam-smith-problem-moatez-chaouachi-9783656240594","provider":"WR Book House","version":"1.0","type":"link"}