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The purpose of this paper is to examine Smith's four stages theory of history as an account of economic and social development, with an emphasis on the arguments and evidence he used to support it. In his biographical account of Smith's life, his friend Dugald Stewart described Smith’s method...
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Schumpeter argued, long ago, that Quesnay's tableau economique was based on Cantillon, but this claim has never been spelled out in detail and seems not to have been generally accepted, since many writers still write of the tableau economique as though it were Quesnay's alone. This paper...
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Everyone has to eat, so those who produce food must produce enough to feed themselves and to feed all those who do not produce their own food. Once stated. this is trivially obvious but, I will argue, making that simple relation between agriculture and the rest of the economy explicit and, at...
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