A Herstory of Economics. Edith Kuiper
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Название: A Herstory of Economics

Автор: Edith Kuiper

Издательство: John Wiley & Sons Limited

Жанр: Экономика

Серия:

isbn: 9781509538447

isbn:

СКАЧАТЬ she worked on, and these were added as a set of eight letters to the 1798 edition of her translation. These letters contain remarkable comments by a central figure in French society at the time, but it would take until 2008 for them to be fully translated into the English language (see Brown, 2008).

      De Grouchy started her work on the Theory of Moral Sentiments after the death of her husband, the famous philosopher and mathematician Nicolas Caritat, Marquis de Condorcet. Sophie de Grouchy de Condorcet organized her salons and befriended radical thinkers such as Thomas Paine, whose letters and speeches she also translated into French. After the French Revolution broke out in 1789 and turned sour a few years later, her husband fled persecution, and moved to live in hiding. De Grouchy visited him in secret and they discussed his work on Sketch for a Picture of the Historical Progress of the Human Mind (published posthumously in 1822). After nine months of hiding, Marquis de Condorcet was arrested in 1794; he died in his cell a few months later (Brown, 2008). Sophie de Grouchy was thirty years old at the time, and it was in the years that followed that she focused her attention on translating Adam Smith’s treatise on moral behavior.

      In her Letters on Sympathy (1798), de Grouchy entered into a conversation with her brother-in-law, P. J. G. Cabanis, about Smith’s ideas on the origins and nature of moral behavior and her own views on political economy. She criticizes Smith for not fully seeing his conceptualization of sympathy through. In her view, sympathy is not only a rational process of the imagination, but also has a physical basis; she describes the physical response and connection from one human to all other beings – men, women, children, and animals. Where Smith stops short of discussing policy implications in his Theory of Moral Sentiments, de Grouchy, a social reformer and feminist, points out that society should design its institutions in such a way that, instead of normalizing self-interested behavior, behavior based on sympathy should be supported by the way institutions are built. Social institutions, according to her, are built on the presumption of self-interested behavior, thereby supporting and condoning such behavior, which makes it hard to pursue a life of merit and sincerity. De Grouchy ends her last letter, Letter VIII, with a striking and timely attack on social institutions that create and reproduce class and other social divides, and argues that “by means of the unnatural needs institutions have created, they have weakened a powerful motive that can lead to upright conduct, namely the lure of domestic tranquility” (1798: 181).

      The role of implicit moral and value judgments in economic theory was dealt with in various way by economists. Jeremy Bentham (1748–1832), for example, aimed in his Introduction to the Principles of Morals and Legislation (1789) to stop political economists from making moral judgments by adopting, instead, quantitative reasoning. On the other hand, economists like John Stuart Mill (1806–73) described political economy as partly a positive and partly a normative science. Neoclassical economists like William Stanley Jevons (1835–82) and Alfred Marshall (1842–1924) explicitly claimed that their science was, or at least should be, a positivist one. According to Marshall, “political economy or economics is a study of mankind in the ordinary business of life” (1890: 1) and economics should be based on observations, definitions, classification, induction, and deduction to “reach the knowledge of the interdependence of economic phenomena” (1890: 29). By basing themselves on rational reasoning and facts, economists were able to provide answers to policy issues and analyses of topics that were the subject of heated political debates, claiming scientific status and objectivity for their studies and solutions.

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