An Inquiry into the Principles of Political Oeconomy (Vol. 1 of 2): Being an essay on the science of domestic policy in free nations. In which are particularly considered population, agriculture, trade, industry, money, coin, interest, circulation, banks, exchange, public credit, and taxes

Description

Sir James Steuart's An Inquiry into the Principles of Political Oeconomy is a foundational text in economic history, predating Adam Smith's Wealth of Nations. As Volume 1 of a two-volume treatise, this work systematically examines the science of domestic policy in free nations through the lens of 18th-century political economy. Steuart treats the economy not as a collection of isolated facts but as an interconnected system where population, agriculture, trade, and money circulation are inextricably linked.\n\nIn this comprehensive analysis, Steuart tackles critical questions about the circulation of money, the role of banks, exchange, public credit, and taxation. He argues that a nation's wealth is not static but is generated through the productive application of resources and the intelligent management of public finances. The text is remarkable for its clarity and breadth, covering everything from coin and interest to the broader implications of commercial policy on national prosperity. This EPUB edition preserves Steuart's original arguments while making them accessible for modern study and reference.