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Shaftesbury, Mandeville, and Smith on Liberty, Virtue, and Prosperity

This List Is By:

Liberty Fund Staff

Liberty Fund, Inc., Indianapolis, Indiana

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In this discussion we would like to compare Smith’s views on liberty, virtue, and prosperity with those of the Earl of Shaftesbury and Bernard Mandeville. All three thinkers appear to support the idea that the pursuit of private advantage does not contradict the public good, yet they do disagree about the question of virtue, the relation of wealth or prosperity to human well being, the place and effects of open markets in civil society, and the role of virtue in economics and politics. This discussion will explore the areas of agreement and disagreement in the thought of these important thinkers.

There is no reading set for the final 6th session.

See the online collection of the illustrations Shaftesbury did for his book.

For further reading see other sections of this website:

[The image of Smith comes from “The Warren J. Samuels Portrait Collection at Duke University.”]

Table of Contents

  1. Session I: The Earl of Shaftesbury on Virtue
  2. Session IIa: Bernard Mandeville’s Fable of the Bees
  3. Session IIb: Bernard Mandeville’s Fable of the Bees
  4. Session IIIa: Bernard Mandeville on the Origin of Moral Virtue
  5. Session IIIb: Bernard Mandeville on the Origin of Moral Virtue
  6. Session IVa: Adam Smith’s Theory of Moral Sentiments
  7. Session IVb: Adam Smith’s Theory of Moral Sentiments
  8. Session IVc: Adam Smith’s Theory of Moral Sentiments
  9. Session IVd: Adam Smith’s Theory of Moral Sentiments
  10. Session Va: Adam Smith’s The Wealth of Nations
  11. Session Vb: Adam Smith’s The Wealth of Nations