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The Economic Thought of Sir James Steuart - First Economist of the Scottish Enlightenment (Hardcover)
Loot Price: R3,894
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The Economic Thought of Sir James Steuart - First Economist of the Scottish Enlightenment (Hardcover)
Series: Routledge Studies in the History of Economics
Expected to ship within 12 - 17 working days
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James Steuart published An Inquiry into the Principles of Political
OEconomy in 1767, the first systematic treatise on economics, nine
years before Adam Smith's Wealth of Nations. Traditional
historiography has tended to disregard and even deny Steuart's
oeuvre, categorizing him as the last, outdated advocate of
mercantilist policies in Britain. A clear portrait of a modernizing
and enlightened Steuart emerges from this book, opening up an
alternative approach to many key developments in economic theory.
This book brings together a diverse international team of experts
to overturn the "advocate of mercantilism" myth and explore
different interpretations of Steuart's work within the context of
the writings of other contemporary authors. A diverse range of
specialists - historians, economists, political scientist, and
sociologists - reflecting the diversity of James Steuart's work
explore various aspects of the life, works, and influence of James
Steuart, including his links to other authors who conceive - as
Steuart did - the economic system of "natural liberty" as an
artificial creation. The portrait of a demarginalized, modernizing,
and enlightened Steuart emerges clearly in this book. This book is
not reduced to old authors whose ideas would be at the Museum of
Dead Ideas, it has a very contemporary resonance. The subjects and
the way Steuart tackles them could have a big influence on future
authors who recognized some advantages of an alternative approach
to many key developments in economic theory. This will also be of
interest to scholars of history of economic thought, intellectual
history, and 18th century history.
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