Adam Smith and the Virtue of Punctuality
Essays in honor of Christopher Berry (Edinburgh University Press) Forthcoming
11 Pages Posted: 11 Jun 2020
Date Written: May 17, 2020
Commercial society changed many things, including what is considered virtuous and what is considered valuable. The increase in productivity observed in commercial society changed the ways we use our time and thus the value of time. Time is now money. So punctuality becomes a virtue. Adam Smith explicitly recognizes the virtue of punctuality as a commercial virtue.
Keywords: Adam Smith, virtue, punctuality, commerce
JEL Classification: B12
Suggested Citation: Suggested Citation