Economics -- Early works to 1800; Finance -- Great Britain; Great Britain -- Economic conditions -- 18th century
WHEN I speak of writing a History of Projects, I do not mean either of
the introduction of, or continuing, necessary inventions, or the
improvement of arts and sciences before known, but a short account of
projects and projecting, as the word is allowed in the general
acceptation at this present time; and I need not go far back for the
original of the practice.
Invention of arts, with engines and handicraft instruments for their
improvement, requires a chronology as far back as the eldest son of Adam,
and has to this day afforded some new discovery in every age.
The building of the Ark by Noah, so far as you will allow it a human
work, was the first project I read of; and, no question, seemed so
ridiculous to the graver heads of that wise, though wicked, age that poor
Noah was sufficiently bantered for it: and, had he not been set on work
by a very peculiar direction from heaven, the good old man would
certainly have been laughed out of it as a most senseless ridiculous
project.
The building of Babel was a right project; for indeed the true definition
of a project, according to modern acceptation, is, as is said before, a
vast undertaking, too big to be managed, and therefore likely enough to
come to nothing. And yet, as great as they are, it is certainly true of
them all, even as the projectors propose: that, according to the old
tale, if so many eggs are hatched, there will be so many chickens, and
those chickens may lay so many eggs more, and those eggs produce so many
chickens more, and so on. Thus it was most certainly true that if the
people of the Old World could have built a house up to heaven, they
should never be drowned again on earth, and they only had forgot to
measure the height; that is, as in other projects, it only miscarried, or
else it would have succeeded.
And yet, when all is done, that very building, and the incredible height
it was carried, is a demonstration of the vast knowledge of that infant
age of the world, who had no advantage of the experiments or invention of
any before themselves.
“Thus when our fathers, touched with guilt,
That huge stupendous staircase built;
We mock, indeed, the fruitless enterprise
(For fruitless actions seldom pass for wise),
But were the mighty ruins left, they’d show
To what degree that untaught age did know.”
Public-domain text, read in full here on John Shaqi.
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