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
We see how beneficent, I might have said prodigal, nature is, in
bestowing life by generation. Several kinds of animals, especially
insects, multiply by thousands, and yet the species does not appear
annually to increase. No body can pretend that particular individuals of
any species have a privilege to live, and that others die from a
difference in their nature. It is therefore reasonable to conclude, that
what destroys such vast quantities of those produced, must be, among
other causes, the want of food. Let us apply this to man.
Those who are supposed to be fed with the spontaneous fruits of the
earth, cannot, from what has been said, multiply beyond that proportion;
at the same time the generative faculty will work its natural effects in
augmenting numbers. The consequence will be, that certain individuals
must become worse fed, consequently weaker; consequently, if in that
weakly state, nature should withold a part of her usual plenty, the
whole multitude will be affected by it; a disease may take place, and
sweep off a far greater number than that proportioned to the deficiency
of the season. What results from this? That those who have escaped,
finding food more plentiful, become vigorous and strong; generation
gives life to additional numbers, food preserves it, until they rise up
to the former standard.
Thus the generative faculty resembles a spring loaded with a weight,
which always exerts itself in proportion to the diminution of
resistance: when food has remained some time without augmentation or
diminution, generation will carry numbers as high as possible; if then
food come to be diminished, the spring is overpowered; the force of it
becomes less than nothing. Inhabitants will diminish, at least, in
proportion to the overcharge. If upon the other hand, food be increased,
the spring which stood at 0, will begin to exert itself in proportion as
the resistance diminishes; people will begin to be better fed; they will
multiply, and in proportion as they increase in numbers, the food will
become scarce again.
I must here subjoin a remark very analogous to this subject. That the
generative faculty in man (which we have compared to a spring) and the
care and love we have for our children, first prompt us to multiply, and
then engage us to divide what we have with our little ones. Thus from
dividing and subdividing it happens, that in every country where food is
limited to a certain quantity, the inhabitants must be subsisted in a
regular progression, descending down from plenty and ample subsistence,
to the last periods of want, and even sometimes starving for hunger.
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