JAMES STEUART PRINCIPLES OF POLITICAL ECONOMY PDF

Scottish Enlightenment economist, often regarded as the "last Mercantilist ". A country gentleman, lawyer and Scottish nationalist, Sir James Denham Steuart of Coltness and Goodtrees 3rd Baronet descended from a family of wealthy Edinburgh bankers and lawyers the baronetcy title was purchased by his grandfather in , notionally connected to Nova Scotia. Steuart enrolled at the University of Edinburgh in Despite his father's death in , Steuart carried on his law studies was admitted to the bar in

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Don't have an account? The lives of James Steuart and Adam Smith, their careers, and their perspectives on political economy could hardly have been more different. In terms of economic analysis, Smith would have confronted a sophisticated theory of population, an advanced theory of the determination of prices, and the same clear grasp of the interdependence of economic phenomena that marked his own early work in the Lectures on Jurisprudence. Other and more general parallels are to be observed in Steuart's awareness of the potential for economic growth and in his appreciation of the contribution made to the process by international trade.

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Sir James Steuart (1713–1780)

Don't have an account? The lives of James Steuart and Adam Smith, their careers, and their perspectives on political economy could hardly have been more different. In terms of economic analysis, Smith would have confronted a sophisticated theory of population, an advanced theory of the determination of prices, and the same clear grasp of the interdependence of economic phenomena that marked his own early work in the Lectures on Jurisprudence. Other and more general parallels are to be observed in Steuart's awareness of the potential for economic growth and in his appreciation of the contribution made to the process by international trade. Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service.

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James Steuart (economist)

Sir James Steuart — was a noted Scottish economist who made exceptional contributions to economic theory. Steuart was considered a pioneer of early economics, and was the first author to use the term "political economy" in the title of a book. Steuart wrote from the point of view of a moderate mercantilist. At the time it was published, An Inquiry into the Principles of Political Economy was considered to be the most complete and systematic survey of political economy ever written in England.

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