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
The mutual relations likewise, through industry, between class and class
should be multiplied and encouraged to the utmost. Relations by
marriage, I am apt to believe, prove here more hurtful than beneficial.
That is to say, I would rather discourage the intermarriage of the
persons of different classes; but I would encourage, as much as
possible, all sorts of mutual dependencies between them, in the way of
their trades. The last tends to keep every one employed, according to
the wants and spirit of his class; the first is productive in general of
no good effect that I can perceive; which is reason sufficient for a
state to give at least no encouragement to such marriages, and this is
all the restraint proper to be imposed.
Such members of the society as remain unemployed, either from natural
infirmities or misfortunes, and who thereby become a load upon others,
are really a load upon the state. This is a disease which must be
endured. There is no body, no thing, without diseases. A state should
provide retreats of all sorts, for the different conditions of her
decayed inhabitants: humanity, good policy, and christianity, require
it. Thus much may be said in general upon the principles which direct
the employment and distribution of inhabitants, which in every state
must be different, according to circumstances relating to the extension,
situation and soil of the country, and above all, to the spirit of the
people. I am next to offer some considerations with regard to the proper
methods of augmenting numbers.
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CHAP. XII.
_Of the great Advantage of combining a well digested Theory and a
perfect Knowledge of Facts with the practical Part of Government, in
order to make a People multiply._
We have the happiness to live in an age where daily opportunities offer,
of perceiving the difference between exercising an art according to the
mechanical received practice, and according to the principles which
study and refinement have introduced for bringing it to perfection. This
will appear in the strongest light to one who compares the operation of
building an ordinary house, with that of executing a great public work,
where the most able architects are employed; the making a common parish
road, with that of a military way, through mountains, forests, and
marshes. In the first, every difficulty appears unsurmountable: in the
second, the greatest obstacles are made to vanish. By comparing these
things, we distinguish between the artist, who proceeds by the rules of
the science, and the ordinary tradesman, who has no other resource than
common practice, aided by his own ingenuity.
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