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
With regard to the private character of this amiable and enlightened
philosopher, it fortunately happens, that the most certain of all
testimonies to his private worth may be found in the confidence,
respect, and attachment which followed him through all the various
relations of life. There were many peculiarities, indeed, both in his
manners and in his intellectual habits; but to those who knew him, these
peculiarities, so far from detracting from the respect which his
abilities commanded, added an irresistible charm to his conversation,
and strongly displayed the artless simplicity of his heart. The
comprehensive speculations with which he had always been occupied, and
the variety of materials which his own invention continually supplied to
his thoughts, rendered him habitually inattentive to familiar objects,
and to common occurrences. On this account, he was remarkable,
throughout the whole of life, for speaking to himself when alone, and
for being so absent in company, as, on some occasions, to exceed almost
what the fancy of a Bruyere could imagine. In company, he was apt to be
engrossed by his studies; and appeared, at times, by the motion of his
lips, as well as by his looks and gestures, to be in the fervour of
composition. It was observed, that he rarely started a topic himself, or
even fell in easily with the common dialogue of conversation. When he
did speak, however, he was somewhat apt to convey his ideas in the form
of a lecture; but this never proceeded from a wish to engross the
discourse, or to gratify his vanity. His own inclination disposed him so
strongly to enjoy, in silence, the gaiety of those around him, that his
friends were often led to concert little schemes, in order to bring on
the subjects most likely to interest him.
SHORT VIEW
OF THE
DOCTRINE OF SMITH, COMPARED WITH THAT OF THE FRENCH ECONOMISTS.
TRANSLATED FROM THE FRENCH OF M. GARNIER.
The ancient philosophers were little accustomed to employ themselves in
the observation of those laws which regulate the distribution of riches
among the different orders of society in a nation, or in the search
after the sources of the increase of its wealth. In fact, political
economy is a science of very modern origin; for although, towards the
end of the seventeenth century, several writers, both of France and
England, had begun to discuss the comparative advantages of agriculture
and commerce, yet it was not till the middle of the eighteenth, that any
thing like a complete system appeared upon the growth and distribution
of national wealth. At this period, the philosophical Quesnai directed
his attention to this very abstract subject, and became the founder of a
celebrated school, which may boast among its adherents many
distinguished men of talents and extensive knowledge.
Public-domain text, read in full here on John Shaqi.
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