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AbstractPropriety and self-command are distinctive and complex Smithian concepts. This essay attempts to shed more light on the meaning and significance of propriety and the virtue of self-command. After a brief introduction on the recent reappraisal of The Theory of Moral Sentiments (TMS), a short analysis of Smith's crucial idea of sympathy follows. Then the relevance of propriety is discussed and some connections between propriety and the virtue of self-command are explored. Finally, the importance of Smith's self-command is reassessed, paying attention to its origins and philosophical implications. It is noteworthy that, through self-command and propriety, TMS stresses the role of intentions and motivations. By doing so, Adam Smith opens up new threads to rethink personal liberty and its ethical importance for political economy.

The purpose of this paper is twofold. First, by recovering the historical atmosphere in which Locke lived, the aim is to show that his thought was very much influenced by the general context of England during the second half of the seventeenth century. Second, after analyzing the context that shaped his Essay on Tolerance & his Letter on Tolerance, & the main differences between both works, a brief analysis of Locke's complex concept of property in his second Treatise will follow. It will be argued that a different reading of property that takes into account the broader classical meaning of "propriety," which would be consistent with Locke's definition of what he terms by the 'general name' of property ('Lives, Liberties & Estates'), could entail individual liberty in religious matters. If this interpretation is feasible, i.e., if Locke's concept of propriety could comprise freedom of consciousness in religious matters, then Locke's civil society should necessarily entail tolerance. 18 References. Adapted from the source document.

Scholars have long been interested in the apparent dichotomy between sympathy and self-interest in Smith. The question of the consistency betweenThe Theory of Moral Sentiments(TMS) andAn Inquiry into the Nature and Causes of the Wealth of Nations(WN)—the famousDas Adam Smith Problem—is definitely still relevant for anyone attracted to Smith scholarship. Although there is some agreement that the two works are consistent and, furthermore, parts of an incomplete system, it seems that theProblemcontinues to attract interest, not only for its historical and philosophical appeal, but also perhaps for its implications for the current economics-and-ethics debate.

We analyze Milton Friedman's two visits to Chile, in March 1975 and November 1981. We rely on a number of sources, including Friedman's archives, press archives in Chile and the rest of the world, interviews, and the papers and recollections of some of those who accompanied Friedman during his meeting with Pinochet. Although Friedman's 1975 visit has been widely discussed, his 1981 visit has been largely neglected. However, this visit was particularly important as it preceded a severe currency and banking crisis, stemming from an overvalued fixed exchange rate. The crisis put at risk the influence of the "Chicago Boys" and the political and economic liberalization process. We analyze Friedman's views regarding Chile's pegged exchange rate strategy followed between 1979 and 1982, and his position on economic and political freedom.

F. A. Hayek took two trips to Chile, the first in 1977, the second in 1981. The visits were controversial. On the first trip he met with Genera l Augusto Pinochet, who had led a coup that overthrew Salvador Allende in 1973. During his 1981 visit, Ha yek gave interviews that were published in the Chilean newspaper El Mercurio and in which he discussed authoritarian regimes and the problem of unlimited democracy. After each trip, he complained th at the western press had painted an unfair picture of the economic situation under the Pinochet regime. Drawing on archival material, interviews, and past research, we provide a full account of this controversial episode in Hayek's life.