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Adam Smith and the not so invisible hand: A revision for the undergraduate classroom
International Review of Economics Education ( IF 0.782 ) Pub Date : 2020-12-10 , DOI: 10.1016/j.iree.2020.100205
Brandon Dupont , Yvonne Durham

Students in introductory economics rarely get much exposure to historical ideas, but they often hear about at least one historical concept: “the invisible hand.” Unfortunately, what they learn about the invisible hand – at least as far as is evident in the leading undergraduate textbooks – is flawed, largely because it is removed from its historical context. In this paper, we describe recent research on Smith’s metaphor and suggest some simple ways for instructors to use it – informed by the context in which it was written and Smith’s original intent. We also describe some simple classroom experiments that aid in these discussions.



中文翻译:

亚当·史密斯(Adam Smith)和不是那么看不见的手:针对本科课堂的修订

入门经济学的学生很少接触历史观念,但他们经常听到至少一个历史观念:“看不见的手”。不幸的是,他们对这种看不见的手所学到的东西(至少在领先的本科生教科书中就可以看到)是有缺陷的,主要是因为它已被从其历史背景中删除。在本文中,我们描述了史密斯隐喻的最新研究,并为教师提供了一些简单的方法来使用它-受到史密斯写作背景和史密斯初衷的启发。我们还描述了一些有助于这些讨论的简单课堂实验。

更新日期:2020-12-10
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