In this paper we prove that $\forall \textrm{FO}$, the universal fragment of first-order logic, is superfluous in $\varSigma _2^p$ and $\varPi _2^p$. As an example, we show that this yields a syntactic proof of the $\varSigma _2^p$-completeness of value-cost satisfiability. The superfluity method is interesting since it gives a way to prove completeness of problems involving numerical data such as lengths, weights and costs and it also adds to the programme started by Immerman and Medina about the syntactic approach in (...) the study of completeness. (shrink)

This chapter considers the evolution of the way Smith presented his analysis of value and prices from the Lectures on Jurisprudence to The Wealth of Nations and its importance to understand the structure that that analysis assumes in The Wealth of Nations, where it pivots on the concepts of real price, real measure of exchangeable value, natural price, market price, wages, rate of profits, and rents. Special attention is devoted to the relationship between the concepts of quantity of labour employed (...) in the production of a commodity and quantity of labour that the same commodity may command when exchanged in the market as well as to the possibility that this distinction is developed by Smith into an analysis which may appear either to put forward a labour theory of value or to deny its validity. (shrink)

Preface Introduction Christopher J. Berry: Adam Smith: Outline of Life, Times, and Legacy Part One: Adam Smith: Heritage and Contemporaries 1: Nicholas Phillipson: Adam Smith: A Biographer's Reflections 2: Leonidas Montes: Newtonianism and Adam Smith 3: Dennis C. Rasmussen: Adam Smith and Rousseau: Enlightenment and counter-Enlightenment 4: Christopher J. Berry: Adam Smith and Early Modern Thought Part Two: Adam Smith on Language, Art and Culture 5: Catherine Labio: Adam Smith's Aesthetics 6: James Chandler: Adam Smith as Critic 7: Michael C. (...) Amrozowicz: Adam Smith: History and Poetics 8: C. Jan Swearingen: Adam Smith on Language and Rhetoric: The Ethics of Style, Character, and Propriety Part Three: Adam Smith and Moral Philosophy 9: Christel Fricke: Adam Smith: The Sympathetic Process and the Origin and Function of Conscience 10: Duncan Kelly: Adam Smith and the Limits of Sympathy 11: Ryan Patrick Hanley: Adam Smith and Virtue 12: Eugene Heath: Adam Smith and Self-Interest Part Four: Adam Smith and Economics 13: Tony Aspromourgos: Adam Smith on Labour and Capital 14: Nerio Naldi: Adam Smith on Value and Prices 15: Hugh Rockoff: Adam Smith on Money, Banking, and the Price Level 16: Maria Pia Paganelli: Commercial Relations: from Adam Smith to Field Experiments Part Five: Adam Smith on History and Politics 17: Spiros Tegos: Adam Smith: Theorist of Corruption 18: David M. Levy & Sandra J. Peart: Adam Smith and the State: Language and Reform 19: Fabrizio Simon: Adam Smith and the Law 20: Edwin van de Haar: Adam Smith on Empire and International Relations Part Six: Adam Smith on Social Relations 21: Richard Boyd: Adam Smith, Civility, and Civil Society 22: Gavin Kennedy: Adam Smith on Religion 23: Samuel Fleischacker: Adam Smith and Equality 24: Maureen Harkin: Adam Smith and Women Part Seven; Adam Smith: Legacy and Influence 25: Spencer J. Pack: Adam Smith and Marx 26: Craig Smith: Adam Smith and the New Right 27: Tom Campbell: Adam Smith: Methods, Morals and Markets 28: Amartya Sen: The Contemporary Relevance of Adam Smith. (shrink)