28–30 Mar 2025
Lecce, Italy
Europe/Rome timezone

Adam Smith on Economic Progress-cum-Equality. What was left in development economics?

29 Mar 2025, 09:40
30m

Speaker

Claudia Sunna (Università del Salento)

Description

The distinctive feature of Adam Smith’s analysis on the progress of wealth is to incorporate a clear vision on equality, namely the association of the progressive state with an increase in per-capita income.
After illustrating Smith's perspective, the study will analyze how development economists approached the issue of income and wealth distribution in relation to their concept of progress.
It is commonly held that post-World War II development economics focused primarily on enhancing production capacity without considering distributional implications. The purpose of this study is to validate this thesis by means of analysing five recognized development economists: Walt W. Rostow, Simon Kuznets, William Arthur Lewis, Albert Hirschman, and Ester Boserup.
The findings of the investigation will enable us to compare various perspectives on the relationship between economic development concepts and the improvement of income and wealth distribution.

Organization Università del Salento

Primary author

Claudia Sunna (Università del Salento)

Presentation materials

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