Publisher's Synopsis
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1911 edition. Excerpt: ... CHAPTER X ADAM SMITH WITH HIS IMMEDIATE PREDECESSORS AND THE REVOLUTION IN INDUSTRY The Scotchman, Adam Smith, born in the year 1723 at the village of Kirkcaldy, published in 1776 the book commonly known as The Wealth of Nations.1 By this>ook he won a fame greater than that of any other writer on political economy or allied subjects. Abundantly criticized and with its originality not unassailed, his work still stands as truly epoch-making in the evolution of economic thought, while its maker is called the Father of Political Economy. Immediate Predecessors of Adam Smith. -- Though so truly epoch-making, Adam Smith, as is generally the case, built upon the work of his predecessors. Nor can one overlook the forer runners in a study of the master's achievement. Adam Smith was acquainted with the writings of the Mercantilists, the philosophers of the seventeenth and eighteenth centuries, and the Physiocrats; and he stood upon their shoulders. The names of Petty, North, Child, and Steuart, and those of Locke, Berkeley, Mandeville, Hutcheson, Hume, Tucker, and Ferguson, must ever 'On Adam Smith, his life and work, see: Cannan (editor), Smith's Lectures on Justice, Police, Revenue, and Arms, 1896; Feilbogen, Smith und Turgot; Hasbach, Die allgemeinen philosophischen Grundlagen der ton F. Quesnay und Adam Smith begriindeten politischen Oekonomie, 1890, and Hasbach, Untersuchen iiber Adam Smith, 1891; Oncken, Adam Smith und Im. Kant; Rae, Life of Adam Smith; Zeyss, Adam Smith und der Eigenutz. The chapters or essays on Smith in Cannan's Theories of Production and Distribution, Leslie's Essays in Moral and Political Philosophy, Bagehot's Biographical Studies, and Bonar's Philosophy and Political Economy are valuable. be remembered in this...
