Economists -- Great Britain -- Biography; Smith, Adam, 1723-1790
It may here be said that, though judged by modern standards of criticism
Smith’s taste was faulty, yet all his favourite authors are in the first
rank, and there is no instance recorded of his having bestowed praise on
anything bad either in prose or poetry. “You will learn more as to
poetry,” he once said, “by reading one good poem than by a thousand
volumes of criticism.” Wordsworth in one of his prefaces calls him most
unjustly “the worst critic, David Hume excepted, that Scotland, a soil
to which this sort of weed seems natural, has produced.” The Lake Poet,
who did not distinguish between the quality of the “Ode on the
Intimations” and “Peter Bell,” was probably thinking of some literary
anecdotes that appeared in _The Bee_ in 1791 after Smith’s death. The
writer, who may or may not be trustworthy, is only repeating table talk.
He mentions that Smith depreciated Percy’s _Reliques_ and some of
Milton’s minor poems. With regard to blank verse, Smith said: “they do
well to call it blank, for blank it is. I myself, even I, who never
could find a single rhyme in my life, could make blank verse as fast as
I could speak.” From this censure he always excepted Milton; but he
thought the English dramatists should have used rhyme like the French.
Racine’s _Phèdre_ appealed to him as the finest of all tragedies.
Voltaire was his literary pope. Oddly enough, his first publisher’s
commission was to collect and edit (anonymously, of course) for the
Foulis Press an edition of the poems of a well-known Jacobite, Hamilton
of Bangour. The book was published in 1748, and contained the “Braes of
Yarrow,” which Wordsworth called an exquisite ballad. Hamilton had
played poet laureate to the Young Pretender in 1745, and was still an
exile in France. In 1750, when the poet was pardoned, he struck up a
warm friendship with his anonymous editor, and (according to Sir John
Dalrymple) Smith spent with him “many happy and flattering hours.”
It has been said that in addition to his lectures on English literature
Smith also delivered a course on Economics. This we know from a
manuscript by which Dugald Stewart vindicates Adam Smith’s claim to have
been the original discoverer of the leading principles of political
economy. This manuscript, a paper read by Smith to a learned society
some years later, proves that he wrote, or rather dictated, his economic
lectures in 1749, and delivered them in the following winter.
Public-domain text, read in full here on John Shaqi.
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