Collected Works of James Steuart
Price: $1,590.00
Add to Cart- ISBN: 978-0-415-11353-3
- Binding: Hardback
- Published by: Routledge
- Publication Date: 29th June 1995
About the Book
An important forerunner of Adam Smith, James Steuart's economic thought largely influenced and anticipated that of Malthus, and is acknowledged in Marx's Das Kapital no less than thirteen times. McCulloch recognized Steuart as the author of "the first English work which had any pretensions to be considered as a systematic and complete view of the subject". Yet Steuart's work was almost totally eclipsed during the domination of classical orthodoxy in nineteenth century economic theory. Although his major work, An Inquiry into the Principles of Political Economy [1767] was well received, Adam Smith's Wealth of Nations, published nine years later, totally ignored the book and thus greatly weakened Steuart's reputation as a serious economist.In recent times, however, the importance and quality of Steuart's contributions on many central questions of economic theory has been recognized. A comparison with Smith's analysis of economic policy shows Steuart's thought to be enriched by his experiences in Europe of a wide and varied range of economic, social and political conditions. Following the Keynesian revolution, there was renewed interest in Steuart's emphasis on state intervention, and his demand analysis and monetary theory became much admired. Now a figure gaining greater recognition through the recent heightened interest and challenges to the case for state intervention, Steuart's work is being discussed more now than in his own time.
This Routledge/Thoemmes Press edition republishes Steuart's Works Political, Metaphysical and Chronological of 1805 and includes a seventh volume of critical studies of Steuart's thought.