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
If the simplicity of the antients is worthy of imitation, or if it
appears preferable to the present system, which it is not my business to
decide, then either slavery must be introduced to make those subsist who
do not labour, or they must be fed upon charity. Labour and industry can
never, I think, be recommended on one hand, and the effects of them
proscribed on the other. If a great body of warlike men (as was the case
in Sparta) be considered as essential to the well being of the state; if
all trade and all superfluity be forbid amongst them, and no employment
but military exercises allowed; if all these warriors be fed at public
tables, must you not either have a set of helotes to plow the ground for
them, or a parcel of charitable Spanish farmers to feed them gratis.
Thus much I have thought might be of use to say to illustrate the
principles I have laid down. I find these very contrary to the reasoning
which runs through the whole of the performance which I mentioned above,
and which I have had in my eye. A more particular examination of it
might be useful, and even amusing; but it would engage me in too long a
disquisition for the nature of this work. I cannot however help, in this
place, adding one observation more, in consequence of our principles,
which _seems_ contrary to the strain of our ingenious author’s
reasoning. I say _seems_, because almost all difference of opinion upon
such subjects proceeds from the defect of language in transmitting our
ideas when complex or abstract.
The effect of diseases which sweep off numbers of people does not
essentially diminish population, except when they come suddenly or
irregularly, any more than it would necessarily dispeople the world if
all mankind were to be swept off the stage at the age of forty six
years. I apprehend that in man, as in every other animal, the generative
faculty is more than able to repair all losses occasioned by regular
diseases; and I have shewn, I think, more than once, that multiplication
never can stop but for want of food. As long then as the labour of man
can continue annually to produce the same quantity of food as at
present, and that motives are found to make him labour, the same numbers
may be fed, and the generative faculty, which from one pair has produced
so many millions, would certainly do more than keep up the stock,
although no person were to pass the age above mentioned. Here is the
proof: was the life of man confined to forty six years, the state of
mortality would be increased in the proportion which those who die above
forty six bear to those who die under this age. This proportion is, I
believe, as 1 to 10, consequently, mortality would increase 1⁄10,
consequently, numbers would be kept up by 1⁄10 increase upon births; and
surely the generative faculty of man far exceeds this proportion, when
the other requisites for propagation, to wit, food, &c. are to be found,
as by the supposition.
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