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
In a former chapter, I have endeavoured to lay down the principles which
influence multiplication; but alas! they are all so general, that they
can be considered only as the most remote. They may satisfy a slight
speculation, but can be of little use in practice. I have principally
insisted upon those which are found to operate at all times among
societies where primitive simplicity prevails. Now this matter comes to
be examined in a more complex light, as relative to the modern manners
of mankind, which no statesman, however able, can change, where trade,
industry, luxury, credit, taxes, and debts, are introduced. In these the
most polite nations of Europe are involved. This is a chain of adamant,
it hangs together by a cohesion, which the successive revolutions of
three centuries have so cemented with the spirit of nations, that it
appears to be indissoluble. It is not my business to examine how far the
modern system is to be preferred to the antient; my point of view is, to
investigate how a statesman may turn the circumstances which have
produced this new plan of oeconomy to the best advantage for mankind,
leaving the reformation of such plan to time and events, of which I am
not the master. Schemes of recalling antient simplicity, and of making
mankind honest and virtuous, are beautiful speculations: I admire them
as much as any body, but not enough to believe them practicable in our
degenerate age.
If therefore the principles I here lay down appear contradictory to so
amiable a system of policy, let no man thence conclude any thing to my
disadvantage upon the account of my particular opinion of it, which is a
matter of no importance whatsoever. My object is to examine the
consequences of what we feel and see daily passing, and to point out how
far the bad may be avoided, and the good turned to the best advantage.
The loss of antient simplicity, and the introduction of this complicated
scheme of living, has rendered the mechanism of government infinitely
more difficult, and almost every disorder in the political body affects
multiplication. Depopulation is as certain a mark of political diseases,
as wasting is of those in the human body. The increase of numbers in a
state shews youth and vigour; when numbers do not diminish, we have an
idea of manhood, and of age when they decline.
The importance of the subject therefore requires me to bring it once
more upon the carpet, in order to inquire into the proper methods of
restoring and preferring youth, and of diffusing vigour into every
articulation, into every vein, into every nerve, as I may say, of a
modern society.
In the republic of Lycurgus an unmarried man met with no respect;
because no reason but debauchery could prevent his marrying. Marriage
was no load in a state where all were fed and taken care of at the
public charge. A Spartan who did not marry, was considered as one who
refused to contribute towards recruiting of the army, only to gratify a
vicious habit.
Public-domain text, read in full here on John Shaqi.
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