Knud Haakonssen – The Cambridge Companion to Adam Smith

Knud Haakonssen – The Cambridge Companion to Adam Smith

Description:

Adam Smith is best known as the founder of scientific economics and as an early proponent of the modern market economy. Political economy, however, was only one part of Smith’s comprehensive intellectual system. Consisting of a theory of mind and its functions in language, arts, science, and social intercourse, Smith’s system was a towering contribution to the Scottish Enlightenment. His ideas on social intercourse also served as the basis for a moral theory that provided both historical and theoretical accounts of law, politics, and economics. This Companion volume provides an examination of all aspects of Smith’s thought. Collectively, the essays take into account Smith’s multiple contexts – Scottish, British, European, Atlantic; biographical, institutional, political, philosophical – and they draw on all of his works, including student notes from his lectures. Pluralistic in approach, the volume provides a contextualist history of Smith, as well as direct philosophical engagement with his ideas.

Business online course

Information about business:

Business is the activity of making one’s living or making money by producing or buying and selling products (such as goods and services).
[need quotation to verify] Simply put, it is “any activity or enterprise entered into for profit.
It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors.”

Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business.
If the business acquires debts, the creditors can go after the owner’s personal possessions.
A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.