English, Article edition: COME-BACKS OF DR. BERNARD MANDEVILLE: VIRTUOUS KNAVES IN ECONOMIC TRANSFORMATION Václav KLUSOŇ

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Bookmark: http://trove.nla.gov.au/version/197845
Physical Description
  • article
Language
  • English

Edition details

Title
  • COME-BACKS OF DR. BERNARD MANDEVILLE: VIRTUOUS KNAVES IN ECONOMIC TRANSFORMATION
Author
  • Václav KLUSOŇ
Physical Description
  • article
Notes
  • The author undertakes in his essay a risky experiment as he tries to look at the present-time-economic-transformations in the view of the great thinker of 18th century, Dr. Bernard Mandeville, who famed by his Fable of the Bees, or Private Vices and Public Benefits. The philosophy of Mandeville, as is well known, influenced besides others, F. A. Hayek and J. M. Keynes, the former by ascribing Mandeville the primacy of the idea of spontaneity in evolution and the latter by assesing luxury in promoting the spending. In the course of economic reforms the truthfullnes of the so-called Mandevill paradox has been widely afirmed; knaves were becoming virtuous and property conferred respect and authority upon the "nouveau riche".
  • virtues, vices, spontaneity, self-love, property, new owners, morality, evolution, economic transformation, common good
  • RePEc:prg:jnlpol:v:2004:y:2004:i:1:id:446:p:3-16
Language
  • English
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