By Tatsuya Sakamoto, Hideo Tanaka
ISBN-10: 041529648X
ISBN-13: 9780415296489
This number of essays offers a finished view of the commercial considered the Scottish Enlightenment. equipped as a chronological account of the increase and development of political financial system in eighteenth century Scotland, each one bankruptcy discusses the best way the ethical and fiscal development of the Scottish country grew to become a typical concern.
Contributors not just discover the commercial discourses of David Hume, James Steuart and Adam Smith but in addition think of the overlooked fiscal writings of Andrew Fletcher, Robert Wallace, Francis Hutcheson, William Robertson, John Millar and Dugald Stewart. This e-book addresses the query of the way those financial writings interacted with the ethical, political and ancient arguments of the time and indicates how modern matters with regards to the union with England, usual jurisprudence, classical republicanism and manners and civilization all contained an fiscal measurement. Key chapters include:
- The historic sleek controversy within the Scottish Enlightenment
- The 'Scottish Triangle' within the shaping of political economic system: David Hume, Sir James Steuart and Adam Smith
- Civilization and historical past in Lord Kames and William Robertson
- Adam Smith in Japan
This view of the starting place of financial technology in Britain is markedly diverse from conventional bills and may be of curiosity to financial, political and social historians.
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Extra info for The Rise of Political Economy in the Scottish Enlightenment
Example text
Rather than focusing money and effort on creating such an army, in his view, successive English governments had instead encouraged various branches of industry with the goal of making the English people happy. In so doing it had not only regulated the manufacturers to preserve their commodities’ reputations but it had also taken suitable measures for the changing circumstances of business. He seems to have included in his proposals a suggestion that the government should fully understand ‘the circumstances of the business’ before implementing practical measures.
This problem of the lack of capital is also related to the third point. The lack of capital was one of the several serious problems in Scotland during this period. Clerk contended that the Union would be very useful for resolving this problem particularly in the fishery because England would invest its own money in the fishery in the Scottish sea areas with the aim of exporting marine products such as herring to the Scandinavian countries in order to better their trade balance with those countries (Clerk 1706: 21).
If this is the case, then Clerk’s argument suggests that the Union would indeed contribute to maintaining and expanding Scottish trade with England. His pamphlet seems only to aim to remove the prevailing concern about the issue. However, when Clerk said that ‘[b]y this Union, we have Liberty to carry our Linen directly to the Plantations; which besides other Advantages, will serve to keep in a vast Sum, which we now send out to bring us in Tobacco’ (Clerk 1706: 20), he was probably hinting at the re-exportation of tobacco, which would be more constructive in improving the Scottish balance of trade.
The Rise of Political Economy in the Scottish Enlightenment by Tatsuya Sakamoto, Hideo Tanaka
by Ronald
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