An old master, and other political essaysWilson, Woodrow
Science
An old master, and other political essays
Wilson, Woodrow
Political science; Smith, Adam, 1723-1790; United States -- Politics and government
between public and private education, and an estimate of their relative
advantages; these, and a vast number of other subjects, respecting
the structure and development of society, such as the feudal system,
slavery, emancipation of serfs, origin of standing armies and of
mercenary troops, effects produced by tithes, laws of primogeniture,
sumptuary laws, international treaties concerning trade, rise of
European banks, national debts, influence of dramatic representations
over opinions, colonies, poor-laws--all topics of a miscellaneous
character, and many of them diverging from each other--all are fused
into one great system, and irradiated by the splendor of one great
genius. Into that dense and disorderly mass, did Adam Smith introduce
symmetry, method, and law.”
In fact, it is a book of digressions--digressions characterized by more
order and method, but by little more compunction, than the wondrous
digressions of Tristram Shandy.
It is interesting to note that even this vast miscellany of thought,
the “Wealth of Nations,” systematized though it be, was not meant to
stand alone as the exposition of a complete system; it was only a
supplement to the “Theory of Moral Sentiments;” and the two together
constituted only chapters in that vast book of thought which their
author would have written. Adam Smith would have grouped all things
that concern either the individual or the social life of man under the
several greater principles of motive and action observable in human
conduct. His method throughout is, therefore, necessarily abstract
and deductive. In the “Wealth of Nations,” he ignores the operation
of love, of benevolence, of sympathy, and of charity in filling life
with kindly influences, and concentrates his attention exclusively upon
the operation of self-interest and expediency; because he had reckoned
with the altruistic motives in the “Theory of Moral Sentiments,” and
he would not confuse his view of the economic life of man by again
forcing these in where selfishness was unquestionably the predominant
force. “The philosopher,” he held, “is the man of speculation, whose
trade is not to do anything, but to observe everything;” and certainly
he satisfied his own definition. He does observe everything; and he
stores his volumes full with the sagest practical maxims, fit to have
fallen from the lips of the shrewdest of those Glasgow merchants
in whose society he learned so much that might test the uses of his
theories. But it is noticeable that none of the carefully noted facts
of experience which play so prominent a part on the stage of his
argument speaks of any other principle than the simple and single one
which is the pivot of that part of his philosophy with which he is at
the moment dealing. In the “Wealth of Nations” every apparent induction
leads to self-interest, and to self-interest alone. In Mr. Buckle’s
phrase, his facts are subsequent to his argument; they are not used for
demonstration, but for illustration.
Public-domain text, read in full here on John Shaqi.
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