What the classicals said: Difference between revisions

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<center>[[Group 3: Normative and Positive Traditions in Economics|Home]] | [[Introduction: What are Positive and Normative Economics?|Introduction]] | [[Normative Economics]] | [[Positive Economics]] | [[What the classicals said]] | [[Transition period, Seperation, and their labeling|Transition]] | [[Economics today (Positive) & its future]] | [[What we learn from this]] | [[Our Conclusions|Conclusion]] | [[Sources and Works Cited|Works Cited]]</center>
<center>[[Group 3: Normative and Positive Traditions in Economics|Home]] | [[Introduction: What are Positive and Normative Economics?|Introduction]] | [[Normative Economics]] | [[Positive Economics]] | [[Economics today & Its Future]] | [[Our Conclusions|Conclusion]] | [[Sources and Works Cited|Works Cited]]</center>
 
 
 
 


==Merits of considering both traditions==
===Adam Smith===


In one of his most famous works, ''The Theory of Moral Sentiments'', Smith introduces the idea of sympathy as a guiding force for our actions in society.  More akin to what we might call empathy, Smith's idea of sympathy is our ability to identify ourselves with others and to in some sense share in the pain and pleasure which we see them receive, in other words, to "put ourselves in their shoes".
<center>[[Group 3: Normative and Positive Traditions in Economics|Home]] | [[Introduction: What are Positive and Normative Economics?|Introduction]] | [[Normative Economics]] | [[Positive Economics]] | [[What the classicals said]] | [[Transition period, Seperation, and their labeling|Transition]] | [[Economics today (Positive) & its future]] | [[What we learn from this]] | [[Our Conclusions|Conclusion]] | [[Sources and Works Cited|Works Cited]]</center>

Latest revision as of 04:44, 2 May 2007

Home | Introduction | Normative Economics | Positive Economics | Economics today & Its Future | Conclusion | Works Cited




Home | Introduction | Normative Economics | Positive Economics | What the classicals said | Transition | Economics today (Positive) & its future | What we learn from this | Conclusion | Works Cited
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