Privilege vs. democracy, principle at issue between, 123 ff.
Problems of economics and sociology, 189–208
Process, social, 156
Production vs. consumption, 3, 79
Profits, antithetic assumptions of capitalism and social-
ism, 113 ff.; need of conclusive theory of, 114; Smith's
theory of, 134 ff., 157 ff.; vagueness of the concept in
Smith's theory, III
Propensity to barter, Smith's theory of, 90
Property rights, failure of economists to analyze, 132
Property, sociological view of, 137; vs. democracy, 153
Propriety, meaning of, in Smith's theory, 38
Psychology, speculative character of, at Smith's time, 237
Public works, means of sustaining, 214 ff.
Rae, J., Life of Adam Smith, 26
Raphael, school of Athens, 157
Rectitude, synonymous with “propriety” in Smith's theory,
38
Religious institutions, means of supporting, 219
Rent, Smith's theory of, 116 ff., 142 ff.; social problem of,
144 ff.
Service, the social basis for rights, 132
Shaftesbury, A. A. Cooper, third earl of, 27
Simmel, G., 103
Skarzynski, W., 60
Small, A. W., General Sociology, 238
Smith, A., vi, vii, viii, ix, 2, 4, 5, 6, 10, 77, 81, 155; analysis
of his philosophy, 9, 32 ff., 65, 66; as object-lesson in
sociological methodology, 65; Bagehot's criticism of,
67 ff.; biographies of, 25 ff.; concept "natural," 14;
dictum that corporations cannot become economically
efficient, 217; foolish prophecy about America, 178,
179; Ingram's estimate of, 47; labor theory of, 6, 203;
lectures on jurisprudence, 59, 84, 204 ff., 227; loose-
ness of his argument in latter portion of The Wealth
of Nations, 208 ff., 216 ff., 218 ff., 222, 225, 233; main
question in The Wealth of Nations, 8; methodology
of, 20, 28, 29, 181.ff.; moral philosophy of, 32 ff., 40 ff.,
45, 48, 52 ff., 57-59, 61 ff., 81, 148, 197, 230 ff.; relation
to individualism, 51; relation to laissez-faire doctrine,
154, 215; relation to metaphysics, 34; relation to
modern economists, 179 ff.; relation to psychology,
48, 51; relation to socialism, 7, 65, 98 ff., 108 ff.; rela-
tion to sociology, 167, 230 ff.; relation to utilitarians,
34, 51, 204 ff.; sources of information about, 25-77;
static preconceptions of, 56, 107 ff., 125 ff., 148, 149, 160;
theory of capital, 15; theory of consumption, 6; theory
of ethics, 35 ff.; theory of justice, 54, 55; theory of
moral sentiments, 26, 33, 35, 40 ff., 46, 49, 59, 60, 70, 71;
theory of taxation, 228 ff.; views of object of political
economy, 227
Socialism, a reaction from eighteenth-century political
philosophy, 207; not pre-eminently social, 126; vs.
classical economics, 131, 143 ff.
Socialists of the chair, Oncken's confusing of Smith with,
30
Social variants of economic forces, 135 ff., 184 ff., 191 ff.
Sociological vs. economic interpretation of history, 181-87
Sociologists, true successors of Adam Smith, 4
Sociology and economics, vi, vii, 3, 8, 10, 14, 23, 64, 65, 77,
144 ff., 146, 156, 196 ff., 209 ff., 218 ff., 223, 232, 235 ff.
Sociology, vagueness of, at Smith's time, 237
Sombart, W., I, 92
Sovereign, means of supporting, 221
Sovereign, Smith's use of the concept, 209 ff.
Sovereignty, Smith's use of the concept, 204 ff.
Spencer, H., 57, 86, 152, 212, 215
Stein, H. F. K., 28
Stewart, J., 29
Sympathy, place of, in Smith's theory, 38 ff., 46-48
Synthesis vs. analysis, v
Taxes, Smith's doctrines of, 228 ff.
Telicism, 238
Thomas, W. I., 86
Utilitarianism, Smith's affinity with, 204 ff.
Value, theory of, 55, 56, 96 ff.
Von Mohl, R., 189, 210
Wage-fund theory, 133
Wagner, A., 28, 31
Walker, F., 218
War, methods of defraying costs, 210 ff.
Wealth, a fragmentary concept, 156, 199
Wealth as a social factor, Smith's views of, 104
Wealth of Nations, viii; an inquiry in sociology, 1, 3, 4,
8, 11 ff., 59, 60, 63, 66, 77; epitome of, 84 ff.; primarily
a technological treatise, 66, 79, 84, 90, 95, 120, 135,
167
Webb, S., 86
Wolff, C., 28, 236
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