David Hume S Political Economy

This collection of twelve new essays by distinguished scholars in the fields of history and the philosophy of economics is one of the first book-length studies of Hume‘s political economy.

DigiCat Publishing presents to you this special edition of "Hume's Political Discourses" by David Hume. DigiCat Publishing considers every written word to be a legacy of humankind. Every DigiCat book has been carefully reproduced for republishing in a new modern format. The books are available in print, as well as ebooks. DigiCat hopes you will treat this work with the acknowledgment and passion it deserves as a classic of world literature.

Originally published in 1955, Eugene Rotwein's collection of David Hume's economic writings has become the criterion by which to measure studies of Hume's thinking on economics. Rotwein, in his extended introduction, masterfully examines the connection between Hume's various writings—economic, political, philosophical, and historical. This edition is graced with a new introduction by Margaret Schabas. Hume belonged to the same generation as that of his friend and fellow countryman Adam Smith. Hume's writings on economics, however, unlike those of Smith's, comprise a relatively small portion of his published works. They consist of nine of twelve essays in his Political Discourses, first published in 1752, and a rather small number of passages in Hume's private letters to such correspondents as Smith, Montesquieu, Turgot, and Oswald. They were all brought together here for the first time in a single volume. These writings sought to clarify the various problems of Hume's society and suggest remedies for their solution. They are still relevant for the modern reader. Included are "Of Commerce," "Of Refinement in the Arts," "Of Money," "Of Interest," "Of the Balance of Trade," "Of the Jealousy of Trade," "Of Taxes," "Of Public Credit," and "Of the Populousness of Ancient Nations," as well as the relevant extracts from Hume's letters. Long unavailable, this edition will be welcomed by students of economics, philosophy, and the Scottish Enlightenment.

Reconsiders the centrality and legacy of Hume’s economic thought and serves as an important springboard for reflections on the philosophical underpinnings of economics. Although David Hume’s contributions to philosophy are firmly established, his economics has been largely overlooked. A Philosopher’s Economist offers the definitive account of Hume’s “worldly philosophy” and argues that economics was a central preoccupation of his life and work. Margaret Schabas and Carl Wennerlind show that Hume made important contributions to the science of economics, notably on money, trade, and public finance. Hume’s astute understanding of human behavior provided an important foundation for his economics and proved essential to his analysis of the ethical and political dimensions of capitalism. Hume also linked his economic theory with policy recommendations and sought to influence people in power. While in favor of the modern commercial world, believing that it had and would continue to raise standards of living, promote peaceful relations, and foster moral refinement, Hume was not an unqualified enthusiast. He recognized many of the underlying injustices of capitalism, its tendencies to promote avarice and inequality, as well as its potential for political instability and absolutism. Hume’s imprint on modern economics is profound and far-reaching, whether through his close friend Adam Smith or later admirers such as John Maynard Keynes and Friedrich Hayek. Schabas and Wennerlind’s book compels us to reconsider the centrality and legacy of Hume’s economic thought—for both his time and ours—and thus serves as an important springboard for reflections on the philosophical underpinnings of economics.

The book covers Hume’s biographical development; his self appraisal as a 'man of letters’; his philosophical writings with emphasis on their direct and indirect economic content; his self-aware criticism of his approach to the Treatise and the development of his rhetorical understanding of the needs/interests of his readers/potential readers; his rhetorical turn and Ciceronian adjustments to his writing within the genre of the essay, including his two Enquiries; his political essays and his nine essays conventionally classified as economic. The work aims to show how the Treatise and its vicissitudes gave rise to his economics. The work takes a broad approach to Hume and his writings on economic topics from the Treatise, through the Enquires and on to his political and economic essay. The work also explores Hume’s textual method and charts the move from abstruse philosophy to a Ciceronian engagement with social conditions and problems as developed in the Political Discourses. In addition, Hume’s extensive use of analogies is also brought into clearer focus than is found in other texts. Overall, the book will be of great use to both postgraduates and undergraduates alike.

This history of theories and theorists of economic growth elucidates the economic theory, economic history, and public policy observations of the renowned scholar W. W. Rostow. Looking at the economic growth theories of the classic economists up to 1870, Rostow compares Hume and Adam Smith, Malthus and Ricardo, and J.S. Mill and Karl Marx. He then examines the period 1870-1939 and its economic theorists, including Schumpeter, Colin Clark, Kuznets, and Harrod, and surveys the three forms of growth analysis in the postwar era: formal models, statistical morphology, and development theories. This authoritative overview also includes an agenda of unresolved problems in growth analysis and a description of the five major tasks statesmen will confront over the next several generations.

This edited collection, Political Economy, Literature & the Formation of Knowledge, aims to address the genealogy and formation of political economy as a knowledge project from 1720 to 1850. Through individual essays on both literary and political economic writers, this volume defines and analyses the formative moves, both epistemological and representational, which proved foundational to the emergence of political economy as a dominant discourse of modernity. The collection also explores political economy’s relation to other discourses and knowledge practices in this period; representation in and of political economy; abstraction and political economy; fictional mediations and interrogations of political economy; and political economy and its ‘others’, including political economy and affect, and political economy and the aesthetic. Essays presented in this text are at once historical and conceptual in focus, and manifest literary critical disciplinary expertise whilst being of genuinely broad and interdisciplinary interest. Amongst the writers whose work is addressed are: Charles Dickens, Elizabeth Gaskell, David Hume, Thomas Malthus, Jane Marcet, J. S. Mill, David Ricardo, and Adam Smith. The introduction, by the editors, sets up the conceptual, theoretical and analytical framework explored by each of the essays. The final essay and response bring the concerns of the volume up to date by engaging with current economic and financial realities, by, respectively, showing how an informed and critical history of political economy could transform current economic practices, and by exploring the abundance of recent conceptual art addressing representation and the unpresentable in economic practice.