An Inquiry into the Principles of Political Oeconomy (Vol. 1 of 2): Being an essay on the science of domestic policy in free nations. In which are particularly considered population, agriculture, trade, industry, money, coin, interest, circulation, banks, exchange, public credit, and taxesSteuart, James, Sir
History
An Inquiry into the Principles of Political Oeconomy (Vol. 1 of 2): Being an essay on the science of domestic policy in free nations. In which are particularly considered population, agriculture, trade, industry, money, coin, interest, circulation, banks, exchange, public credit, and taxes
Steuart, James, Sir
Economics
When the eye of humanity considers the toil of the farmer, and the
indifference of his rich countryman in squandering, the abuse appears
offensive. The rich man is advised to consider of the pain incurred by
the poor husbandman, in consequence of his dissipation. Upon this the
rich, touched with compassion, simplifies his way of life. The
husbandman in a fury falls upon the reformer, and, in his rough way,
gives him to understand, that he by no means looks upon him as his
friend: for, says he, do you take me for the rich man’s slave; or do you
imagine that I toil as I do, either by his command, or for any
consideration for him? Not in the least, it is purely for his money; and
from the time you persuaded him to become an oeconomist, here am I, and
my poor family, starving. We are not the only people in this situation;
there is my neighbour who has all his hay and oats upon hand, since, by
your instigation, likewise, he dismissed his useless horses. Do you
think he will give his oats in charity to feed the poor? He is poor
enough himself, and all those who have been working to get this
provision together are in no better humour than I am. Hold your tongue,
says the reformer, you are a parcel of extravagant fellows, you
labourers. A hundred years ago, one could have got as many of you as one
pleased, for the half of what you cost us at present. Give us back our
lands, says the other, at the rate we had them; and let us all be well
fed before we give you a farthing, and you shall have us as cheap as
ever. But do you think that after you have chased one half of us into
towns, and raised your rents with the price of their food, that we can
work twice as hard, and serve you as formerly? No, Sir! you ought to
have more sense than to expect it.
This is a sketch of the first book; I thought a short abridgment of it
might be of service for recollecting ideas, and ranging them in order
before I proceed.
END OF THE FIRST BOOK.
-----------------------------------------------------------------------
AN
INQUIRY
INTO THE
PRINCIPLES OF POLITICAL OECONOMY.
------------------------------------------------------------------------
BOOK II.
OF TRADE AND INDUSTRY.
INTRODUCTION.
Before I enter upon this second book, I must premise a word of
connexion, in order to conduct the ideas of my reader by the same way
through which the chain of my own thoughts, and the distribution of my
plan have naturally led me.
My principal view hitherto has been to prepare the way for an
examination of the principles of modern politics, by inquiring into
those which have, less or more, operated regular effects in all the ages
of the world.
Public-domain text, read in full here on John Shaqi.
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