An Inquiry Into the Nature and Causes of the Wealth of NationsSmith, Adam
General
An Inquiry Into the Nature and Causes of the Wealth of Nations
Smith, Adam
Economics
On the Inquiry into the Causes of the Wealth of Nations, it only remains
farther to be observed, that its success has been every way commensurate
to its merits. It has, however, been often regretted, that the author
did not live to favour the world with his reasonings on those important
events which have taken place since 1784, when he put the last hand to
his invaluable work. That another, with competent talents, and a mind
disposed to the task, should soon appear, to treat of these occurrences,
and give a satisfactory view of the progress of the science from that
time to the present, is not to be expected. But as the honour to be
gained from a successful execution of such an undertaking is very
considerable, it is not to be wondered at that an attempt of this kind
should be made. Accordingly, Mr Playfair of London has had the boldness
to follow Smith, by endeavouring to supply, in part, this desideratum,
by adding supplementary chapters and notes to the Treatise on the Wealth
of Nations.
But it is greatly to be feared, that there are few persons who have read
this improved edition, as it is called, of Dr. Smith's Inquiry, but will
still look forward to the accomplishment of the wishes they must
previously have formed, for a continuation, and probably an
illustration, of the discussions contained in that work. Leaving,
therefore, the supplementary chapters and elucidations of Mr Playfair,
it must be observed, that Dr. Smith has, on this occasion, been equally
unfortunate in a biographer. The detail of his peaceful life is almost
lost among dissertations on the wickedness of atheism and the horrors of
a revolution. But these dissertations, strangely misplaced as they
appear to be, would certainly not alone have been sufficient to attract
observation here, whatever latitude the author might have allowed to
himself on such subjects. When he goes on, however, to apologise for Dr.
Smith's acquaintance with some individuals among the economists, and to
connect the whole of that sect with those philosophers to whom he
ascribes the evils which have so long afflicted France, his opinions
become still more insupportable. It will, perhaps, be said, and with
some reason, that, in this instance, at least, the writer has followed
those alarmists, who, on any men of learning belonging to that country
being mentioned, immediately ally them to the revolutionists without
regard to difference of opinion, or distance of time.
Public-domain text, read in full here on John Shaqi.
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