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"Vicios privados, beneficios públicos" o la diestra administración del legislador utilitarista

Author

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  • Jimena Hurtado Prieto

    (Facultad de Economía y Cede, Universidad de los Andes)

Abstract

This article explores the connection between Bernard Mandeville and Jeremy Bentham. Their analyses are complementary on two points: first, the descriptive sense of the utility principle, main axiom of Bentham's utilitarianism, relies on an implicit anthropological conception which Mandeville explains in detail. Second, the latter's great lesson is that “private vices by the dextrous management of a skillful politician may be turned into public benefits”. Bentham's art of legislation allows understanding of “the dextrous management and knowing” “who the skillful politician is”. Furthermore, Mandeville accounts for the emergence of the legislator, central figure in his theory as well as in Bentham's because it guarantees social cohesion.

Suggested Citation

  • Jimena Hurtado Prieto, 2004. ""Vicios privados, beneficios públicos" o la diestra administración del legislador utilitarista," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 61, pages 71-99, Julio-Dic.
  • Handle: RePEc:lde:journl:y:2004:i:61:p:71-99
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    File URL: https://revistas.udea.edu.co/index.php/lecturasdeeconomia/issue/view/326
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    More about this item

    Keywords

    Bernard Mandeville; Jeremy Bentham; legislator; human nature; social cohesion;
    All these keywords.

    JEL classification:

    • B11 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Preclassical (Ancient, Medieval, Mercantilist, Physiocratic)
    • B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

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