Harmonies of Political Economy: Translated from the Third French Edition, with a Notice of the Life and Writings of the AuthorBastiat, Frédéric
Philosophy
Harmonies of Political Economy: Translated from the Third French Edition, with a Notice of the Life and Writings of the Author
Bastiat, Frédéric
Economics
The three months of leisure, so long and so anxiously wished for,
came at last; and in the beginning of 1850 the ‹Harmonies› (or rather
the portions which the author had intended should form the first
volume of that work) made their appearance. The reception of the work
was not at first what might have been expected; and Bastiat, again
in Paris, writes to his friend M. Coudroy, “The ‹Harmonies› pass
unnoticed here, unless by some dozen connoisseurs. I expected this—it
could not be otherwise. I have not even in my favour the wonted zeal
of our own little circle, who accuse me of heterodoxy; but in spite
of this, I am confident that the book will make its way by degrees.
In Germany it has been very differently received. . . . . I pray
Heaven to vouchsafe me a year to write the second volume; after which
I shall sing, ‹Nunc dimittis›.”
To Mr Cobden, in August 1850, he writes—“I went to my native country
to try to cure these unfortunate lungs, which are to me very
capricious servants. I have returned a little better, but afflicted
with a disease of the larynx, accompanied with a complete extinction
of voice. The doctor enjoins absolute silence; and, in consequence, I
am about to pass two months in the country, near Paris. There I shall
try to write the second volume of the ‹Harmonies Économiques›. The
first has been nearly unnoticed by the learned world. I should not be
an ‹author› if I gave in to that judgment. I appeal to the future,
for I am conscious that that book contains an important idea, ‹une
idée mère›, and time will come to my assistance.”
This great work, the child of Bastiat’s anxious hopes, the subject
of his dying thoughts, although at first but coldly received, is
perhaps the most important and the most original contribution which
the science of Political Economy has received since the days [p028]
of Adam Smith. On that most abstruse and difficult subject, the first
principles of Value, it opens up entirely new views; while on almost
every other branch of the subject, it either propounds a new theory,
or corrects and improves the nomenclature of the science. Throughout,
it treats Political Economy (and it is perhaps the only work which
does so, at least systematically) in connexion with final causes, and
demonstrates the Wisdom and Goodness of God in the economy of civil
society. On some questions we may venture to differ from Bastiat. On
the question of Rent, for instance, he would seem to have followed
too implicitly the theory of Mr Carey, the able American Economist;
but Bastiat’s work, as a whole, has a freshness, a vigour, and an
originality which all must admire. He writes like a man thoroughly
in earnest,—a devout believer in the doctrines which he teaches, and
he seldom fails to carry conviction to the mind of his readers. The
leading idea of the work—the harmony of the social laws—is admirable,
and is admirably worked out. The motto of the book, in fact, might
have been the well-known lines of Dryden,—
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account