Economics Professor to Address Lesser-Known Scottish Economist
Robert Urquhart, associate professor of economics at the University of Denver, will
deliver a lecture titled "Another World: Steuart's Alternative to Smith's Economics"
at 3:30 p.m. in Gorman Faculty Lounge on Friday, April 5. The event is supported by
the Charles Koch Foundation's grant to the History Department's spring 2013 Scottish
"Scotland in the 18th century is a good laboratory for the moral and political preconditions
for economic development, which is why studying the Scottish Enlightenment is so important,"
said Associate Professor and History Department Chair Charles Sullivan, who is teaching
the Scottish Enlightenment course.
Urquhart will speak on Sir James Steuart, who, although not as well-known, was a contemporary
of great 18th century Scottish economic thinker Adam Smith.
"Most people have heard of Adam Smith and associate him with the idea of a spontaneous
order in the market. Steuart was more interested in leading and coordinating economic
development. He was much less confident in the so-called automatic mechanism of the
market," said Sullivan.
Urquhart's lecture is the second in a series. The first lecture was on Adam Smith
by Fonna Forman-Barzilai, associate professor of political science at the University
of California San Diego. The Charles Koch Foundation also sponsored Forman-Barzilai's
Urquhart, who earned a doctorate from the New School of Social Research, has written
extensively on 18th century political economy, with special reference to Sir James
Steuart and Adam Smith. He is the author of "Ordinary Choices: Individuals, Incommensurability,