A history of economic doctrines : $b from the time of the physiocrats to the present dayGide, Charles
History
A history of economic doctrines : $b from the time of the physiocrats to the present day
Gide, Charles
Economics -- History
Few works have enjoyed such complete and universal success. But despite
admiration the ideas did not spread very rapidly. Faults of composition
have been burdened with the responsibility for this, and it is a reproach
that has clung to the _Wealth of Nations_ from the first. Its organic
unity is very pronounced, but Smith does not seem to have taken the
trouble to give it even the semblance of outward unity. To discover its
unity requires a real effort of thought. Smith whimsically regarded it
as a mere discourse, and the reading occasionally gives the impression
of conversation. The general formulæ which summarise or recapitulate
his ideas are indifferently found either in the middle or at the end
of a chapter, just as they arose. They represent the conclusions from
what preceded as they flashed across his mind. On the other hand, a
consideration of such a question as money is scattered throughout the
whole work, being discussed on no less than ten different occasions. As
early as April 1, 1776, Hume had expressed to Smith some doubts as to the
popularity of the book, seeing that its reading demanded considerable
attention. Sartorius in 1794 attributed to this difficulty the slow
progress made by Smith’s ideas in Germany. Germain Garnier, the French
translator, gave an outline of the book in order to assist his readers.
It was generally agreed that the work was a striking one, but badly
composed and difficult to penetrate owing to the confused and equivocal
character of some of the paragraphs. When Say referred to it as “a
chaotic collection of just ideas thrown indiscriminately among a number
of positive truths,”[253] he expressed the opinion of all who had read it.
But a complete triumph, so far as the Continent at least was concerned,
had to be the work of an interpreter. Such an interpreter must fuse
all these ideas into a coherent body of doctrines, leaving useless
digressions aside.[254] This was the task that fell into the hands of
J. B. Say. Among his merits (and it is not the only one) is that of
popularising the ideas of the great Scotch economist on the Continent,
and of giving to the ideas a somewhat classical appearance. The task of
discrediting the first French school of economists and of facilitating
the expansion of English political economy fell, curiously enough, to the
hands of a Frenchman.
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