thebrilliantcontroversialistFrancescoFerrara,professoratTurinfrom1849
  to1858(inwhoseschoolmostofthepresentItalianteachersofthesciencewere,directlyorindirectly,educated),apartisan
  ofthelaisserfairedoctrineinitsmostextremeform,andanadvocateofthepeculiaropinionsofCareyandBastiatonthe
  subjectofrent;and,lastly,theNeapolitanministerLudovicoBianchini(PrincipiidellaScienzadelBenVivereSociale,
  1845and1855),whoisremarkableashavingfollowedinsomedegreeanhistoricaldirection,andassertedtheprincipleof
  relativity,andwhoalsodweltontherelationsofeconomicswithmorals,byadueattentiontowhichtheItalianeconomists
  have,indeed,ingeneralbeenhonourablydistinguished。
  SPAIN
  TheWealthofNationswastranslatedintoSpanishbyJ。A。Ortizin1794。ItmayperhapshaveinfluencedGasparde
  Jovellanos,whoin1795presentedtothecouncilofCastileandprintedinthesameyearhiscelebratedInformedeLa
  SociedadEconomicadeMadridenexpedientedeLeyAgraria,whichwasapowerfulpleaforreform,especiallyintaxation
  andthelawsaffectingagriculture,includingthoserelatingtothesystemsofentailandmortmain。AnEnglishversionofthis
  memoirisgiveninthetranslation(1809)ofLaborde’sSpain,vol。iv。GERMANY
  RoscherobservesthatSmithdidnotatfirstproducemuchimpressioninGermany。(73)Hedoesnotappeartohavebeen
  knowntoFredericktheGreat;hecertainlyexercisednoinfluenceonhim。NordidJosephIItakenoticeofhiswork。Andof
  theminorGermanprinces,KarlFriedrichofBaden,asaphysiocrat,wouldnotbeaccessibletohisdoctrines。Itwas
  otherwiseinthegenerationwhoseprincipalactivitybelongstothefirstdecadeofthe19thcentury。ThePrussianstatesmen
  whoweregroupedroundSteinhadbeenformedaseconomistsbySmith,ashadalsoGentz,intellectuallythemost
  importantmanoftheMetternichregimeinAustria。
  ThefirstGermanexpositorsofSmithwhodidmorethanmerelyreproducehisopinionswereChristianJacobKraus
  (17531807),GeorgSartorius(17661828),andAugustFerdinandLüder(17601819)。Theycontributedindependent
  viewsfromdifferentstandpoints,thefirstfromthatoftheeffectofSmith’sdoctrineonpracticalgovernment,thesecond
  fromthatofitsbearingonhistory,thethirdfromthatofitsrelationtostatistics。SomewhatlatercameGottliebHufeland
  (17601817),JohannFriedrichEusebiusLotz(17711838),andLudwigHeinrichvonJakob(17591827),who,whilst
  essentiallyoftheschoolofSmith,applythemselvestoarevisionofthefundamentalconceptionsofthescience。These
  authorsdidnotexertanythinglikethewideinfluenceofSay,partlyonaccountofthelessattractiveformoftheirwritings,
  butchieflybecauseGermanyhadnotthen,likeFrance,aEuropeanaudience。JuliusvonSoden(17541831)islargely
  foundedonSmith,whom,however,hecriticiseswithundueseverity,especiallyinregardtohisformandarrangement;theWealthofNationshedescribesasaseriesofpreciousfragments,andcensuresSmithfortheabsenceofacomprehensive
  viewofthiswholesubject,andalsoasone—sidedlyEnglishinhistendencies。
  ThehighestformoftheSmithiandoctrineinGermanyisrepresentedbyfourdistinguishednames:KarlHeinrichRau
  (17921870),FriedrichNebenius(17841857),FriedrichBenedictWilhelmHermann(17951868),andJohannHemrichvon
  Thünen(17831850)。
  Rau’scharacteristicis"eruditethoroughness。"HisLehrbuch(182632)isanencyclopaediaofallthatuptohistimehad
  appearedinGermanyundertheseveralheadsofVolkswirthschaftslehre,Volkswirthschaftspolitik,andFinanzwissenschaft。
  Hisbookisrichinstatisticalobservations,andisparticularlyinstructiveontheeconomiceffectsofdifferentgeographical
  conditions。Itiswelladaptedfortheteachingofpublicservantswhosedutiesareconnectedwitheconomics,anditwasin
  factthesourcefromwhichtheGermanofficialworlddowntotheseventiesofthe19thcenturyderiveditsknowledgeofthe
  science。InhisearlierperiodRauhadinsistedonthenecessityofareformofeconomicdoctrine(Ansichtender
  Volkswirthschaft,1821),andhadtendedtowardsrelativityandthehistoricalmethod;butheafterwardsconceivedthe
  mistakennotionthatthatmethod"onlylookedintothepastwithoutstudyingthemeansofimprovingthepresent,"and
  becamehimselfpurelypracticalinthenarrowersenseofthatword。HehasthemeritofhavinggivenaseparatetreatmentofUnternehmergewinn,or"wagesofmanagement。"Nebenius,ministerinBaden,whowaslargelyinstrumentalinthe
  foundationoftheZollverein,wasauthorofahighlyesteemedmonographonpubliccredit(1820)。TheStaatswirthschafthicheUntersuchungen(1832;2ded。,1870)ofHermanndonotformaregularsystem,buttreataseriesof
  importantspecialsubjects。Hisraretechnologicalknowledgegavehimagreatadvantageindealingwithsomeeconomic
  questions。Hereviewedtheprincipalfundamentalideasofthesciencewithgreatthoroughnessandacuteness。"Hisstrength,"
  saysRoscher,"liesinhisclear,sharp,exhaustivedistinctionbetweentheseveralelementsofacomplexconception,orthe
  severalstepscomprehendedinacomplexact。"ForkeenanalyticalpowerhisGermanbrethrencomparehimwithRicardo。
  Butheavoidsseveralone—sidedviewsoftheEnglisheconomist。Thusheplacespublicspiritbesideegoismasaneconomic
  motor,regardspriceasnotmeasuredbylabouronlybutasaproductofseveralfactors,andhabituallycontemplatesthe
  consumptionofthelabourer,notasapartofthecostofproductiontothecapitalist,butasthemainpracticalendof
  economics。ThünenisknownprincipallybyhisremarkableworkentitledDerIsolirteStaatinBeziehungauf
  LandwirthschaftundNationalökonomie(1826;3ded。,1875)。Inthistreatise,whichisaclassicinthepoliticaleconomyof
  agriculture,thereisarareunionofexactobservationwithcreativeimagination。Withaviewtoexhibitthenatural
  developmentofagriculture,heimaginesastate,isolatedfromtherestoftheworld,circularinformandofuniformfertility,
  withoutnavigableriversorcanals,withasinglelargecityatitscentre,whichsuppliesitwithmanufacturesandreceivesin
  exchangeforthemitsfood—products,andproceedstostudytheeffectofdistancefromthiscentralmarketontheagricultural
  economyoftheseveralconcentricspaceswhichcomposetheterritory。Themethod,itwillbeseen,ishighlyabstract,but,
  thoughitmaynotbefruitful,itisquitelegitimate。Theauthorisundernoillusionblindinghimtotheunrealityofthe
  hypotheticcase。Thesuppositionisnecessary,inhisview,inordertoseparateandconsiderapartoneessential
  conditionthat,namely,ofsituationwithrespecttothemarket。Itwashisintention(imperfectlyrealised,however)to
  instituteafterwardsseveraldifferenthypothesesinrelationtohisisolatedstate,forthepurposeofsimilarlystudyingother
  conditionswhichinreallifearefoundincombinationorconflict。Theobjectiontothismethodliesinthedifficultyofthe
  returnfromtheabstractstudytotheactualfacts;andthisisprobablyaninsuperableoneinregardtomostofits
  applications。Theinvestigation,however,leadstotrustworthyconclusionsastotheconditionsofthesuccessionofdifferent
  systemsoflandeconomy。Thebookaboundsincalculationsrelatingtoagriculturalexpenditureandincome,whichdiminish
  itsinteresttothegeneralreader,thoughtheyareconsideredvaluabletothespecialist。Theyembodytheresultsofthe
  practicalexperienceoftheauthoronhisestateofTellowinMecklenburg—Schwerin。Thünenwasstronglyimpressedwith
  thedangerofaviolentconflictbetweenthemiddleclassandtheproletariate,andstudiedearnestlythequestionofwages,
  whichhewasoneofthefirsttoregardhabitually,notmerelyasthepriceofthecommoditylabour,butasthemeansof
  subsistenceofthemassofthecommunity。Hearrivedbymathematicalreasoningsofsomecomplexityataformulawhich
  expressestheamountof"naturalwages"as=whereaisthenecessaryexpenditureofthelabourerforsubsistence,and
  pistheproductofhislabour。Tothisformulaheattributedsomuchimportancethathedirectedittobeengravedonhis
  tomb。Itimpliesthatwagesoughttorisewiththeamountoftheproduct;andthisconclusionledhimtoestablishonhis
  estateasystemofparticipationbythelabourersintheprofitsoffarming,ofwhichsomeaccountwillbefoundinMr。Sedley
  Taylor’sProfit—sharingbetweenCapitalandLabour(1884)。Thünendeservesmoreattentionthanhehasreceivedin
  England;bothasamanandasawriterhewaseminentlyinterestingandoriginal;andthereismuchinDerIsolirteStaatand
  hisotherworksthatisawakeningandsuggestive。
  RoscherrecognizeswhathecallsaGermano—Russian(deutsch—russische)schoolofpoliticaleconomy,represented
  principallybyHeinrichStorch(17661825)。Mercantilistprincipleshadbeenpreachedbyanative("autochthonen")
  economist,IvanPossoschkoff,inthetimeofPetertheGreat。ThenewideasoftheSmithiansystemwereintroducedinto
  RussianbyChristianVonSchhizer(17741831)inhisprofessoriallecturesandinhisAnfangsgründederStaatswirthschaft,
  oderdieLehrevomNational—reichthume(18051807)。Storchwasinstructorineconomicscienceofthefutureemperor
  Nicholasandhisbrotherthegrand—dukeMichael,andthesubstanceofhislessonstothemiscontainedinhisCours
  d’économiePolitique(1815)。ThetranslationofthistreatiseintoRussianwaspreventedbythecensorship;Raupublisheda
  Germanversionofit,withannotations,in1819。Itisaworkofavery。highorderofmerit。Theepithet"deutsch—russisch"
  seemslittleapplicabletoStorch;asRoscherhimselfsays,hefollowsmainlyEnglishandFrenchwritersSay,Sismondi,
  Turgot,Bentham,Steuart,andHume,but,aboveall,AdamSmith。Hispersonalposition(andthesameistrueofSchi6zer)
  ledhimtoconsidereconomicdoctrinesinconnectionwithastageofculturedifferentfromthatoftheWesternpopulations
  amongstwhichtheyhadbeenformulated;thischangeofthepointofviewopenedthedoortorelativity,andhelpedto
  preparetheHistoricalmethod。Storch’sstudyoftheeconomicandmoraleffectsofserfdomisregardedasespecially
  valuable。Thegeneralsubjectswithwhichhehasparticularlyconnectedhisnameare(1)thedoctrineofimmaterial
  commodities(orelementsofnationalprosperity),suchashealth,talent,morality,andthelike;(2)thequestionof
  "productive"and"unproductive,"ascharactersoflabourandofconsumption,onwhichhedisagreedwithSmithandmay
  havefurnishedindicationstoDunoyer;and(3)thedifferencesbetweentherevenueofnationsandthatofindividuals,on
  whichhefollowsLauderdaleandisopposedtoSay。ThelattereconomisthavingpublishedatParis(1823)aneweditionof
  Storch’sCours,withcriticismssometimesoffensiveintone,hepublishedbywayofreplytosomeofSay’sstrictureswhatis
  consideredhisripestandscientificallymostimportantwork,ConsidérationssurlanatureduRevenuNational(1824;
  translatedintoGermanbytheauthorhimself,1825)。
  AdistinctnoteofoppositiontotheSmithianeconomicswassoundedinGermanybytwowriters,who,settingoutfrom
  somewhatdifferentpointsofview,animatedbydifferentsentiments,andfavouringdifferentpracticalsystems,yet,sofaras
  theircriticismsareconcerned,arriveatsimilarconclusions;wemeanAdamMüllerandFriedrichList。
  AdamMüller(17791829)wasundoubtedlyamanofrealgenius。InhisprincipalworkÉlementederStaatskunst(1809),
  andhisotherwritings,herepresentsamovementofeconomicthoughtwhichwasinrelationwiththe(so—called)Romantic
  literatureoftheperiod。ThereactionagainstSmithianismofwhichhewasthecoryphaeuswasfoundedonanattachmentto
  theprinciplesandsocialsystemoftheMiddleAges。Itispossiblethatthepoliticalandhistoricalideaswhichinspirehim,his
  repugnancetocontemporaryliberalism,andhisnotionsofregularorganicdevelopment,especiallyinrelationtoEngland,
  wereinsomedegreeimbibedfromEdmundBurke,whoseReflectionsontheRevolutioninFrancehadbeentranslatedinto
  GermanbyFriedrichGentz,thefriendandteacherofMüller。Theassociationofhiscriticismswithmediaevalprepossessions
  oughtnottopreventourrecognizingtheelementsoftruthwhichtheycontain。
  HeprotestsagainstthedoctrineofSmithandagainstmodernpoliticaleconomyingeneralonthegroundthatitpresentsa
  mechanical,atomistic,andpurelymaterialconceptionofsociety,thatitreducestonullityallmoralforcesandignoresthe
  necessityofamoralorder,thatitisatbottomnomorethanatheoryofprivatepropertyandprivateinterests,andtakesno
  accountofthelifeofthepeopleasawholeinitsnationalsolidarityandhistoricalcontinuity。Exclusiveattention,he
  complains,isdevotedtotheimmediateproductionofobjectspossessingexchangevalueandtothetransitoryexistenceof
  individuals;whilsttothemaintenanceofthecollectiveproductionforfuturegenerations,tointellectualproducts,powers,
  possessionsandenjoyments,andtotheStatewithitshighertasksandaims,scarcelyathoughtisgiven。Thetruthisthat
  nationsarespecialisedorganismswithdistinctprinciplesoflife,havingdefiniteindividualitieswhichdeterminethecourseof
  theirhistoricaldevelopment。Eachisthroughalltime,onewhole;and,asthepresentistheheirofthepast,itoughttokeep
  beforeitconstantlythepermanentgoodofthecommunityinthefuture。Theeconomicexistenceofapeopleisonlyoneside
  orprovinceofitsentireactivity,requiringtobekeptinharmonywiththehigherendsofsociety;andtheproperorganto
  effectthisreconciliationistheState,which,insteadofbeingmerelyanapparatusfortheadministrationofjustice,represents
  thetotalityofthenationallife。Thedivisionoflabour,Müllerholds,isimperfectlydevelopedbySmith,whomakesittoarise
  outofanativebentfortruckorbarter;whilstitsdependenceoncapitalonthelaboursandaccumulationsofpast
  generationsisnotdulyemphasised,noristhenecessarycounterpoiseandcompletionofthedivisionoflabour,inthe
  principleofthenationalcombinationoflabour,properlybroughtout。Smithrecognizesonlymaterial,notspiritual,capital;
  yetthelatter,representedineverynationbylanguage,astheformerbymoney,isarealnationalstoreofexperience,
  wisdom,goodsense,andmoralfeeling,transmittedwithincreasebyeachgenerationtoitssuccessor,andenableseach
  generationtoproduceimmenselymorethanbyitsownunaidedpowersitcouldpossiblydo。Again,thesystemofSmithis
  one—sidedlyBritish;ifitisinnocuousonthesoilofEngland,itisbecauseinhersocietytheoldfoundationsonwhichthe
  spiritualandmateriallifeofthepeoplecansecurelyrestarepreservedinthesurvivingspiritoffeudalismandtheinner
  connectionofthewholesocialsystemthenationalcapitaloflaws,manners,reputation,andcredit,whichhasbeenhanded
  downinitsintegrityinconsequenceoftheinsularpositionofthecountry。ForthecontinentofEuropeaquitedifferent
  systemisnecessary,inwhich,inplaceofthesumoftheprivatewealthofindividualsbeingviewedastheprimaryobject,the
  realwealthofthenationandtheproductionofnationalpowershallbemadetopredominate,andalongwiththedivisionof
  labouritsnationalunionandconcentrationalongwiththephysical,nolesstheintellectualandmoral,capitalshallbe
  embraced。IntheseleadingtraitsofMüller’sthoughtthereismuchwhichforeshadowsthemorerecentformsofGerman
  economicandsociologicalspeculation,especiallythosecharacteristicofthe"Historical"school。
  AnotherelementofoppositionwasrepresentedbyFriedrichList(17891846),amanofgreatintellectualvigouraswellas
  practicalenergy,andnotableashavingpowerfullycontributedbyhiswritingstotheformationoftheGermanZollverein。
  HisprincipalworkisentitledDasNationaleSystemderPolitischenOekonomie(1841;7thed。,1883:Eng。trans。,1885)。
  ThoughhispracticalconclusionsweredifferentfromMüller’s,hewaslargelyinfluencedbythegeneralmodeofthinkingof
  thatwriter,andbyhisstricturesonthedoctrineofSmith。Itwasparticularlyagainstthecosmopolitanprincipleinthe
  moderneconomicsystemthatheprotested,andagainsttheabsolutedoctrineoffreetrade,whichwasinharmonywiththat
  principle。HegaveprominencetotheNationalidea,andinsistedonthespecialrequirementsofeachnationaccordingtoits
  circumstancesandespeciallytothedegreeofitsdevelopment。
  HerefusestoSmith’ssystemthetitleoftheindustrial,whichhethinksmoreappropriatetothemercantilesystem,and
  designatestheformeras"theexchange—valuesystem。"HedeniestheparallelismassertedbySmithbetweentheeconomic
  conductpropertoanindividualandtoanation,andholdsthattheimmediateprivateinterestoftheseparatemembersofthe
  communitywillnotleadtothehighestgoodofthewhole。Thenationisanexistence,standingbetweentheindividualand
  Humanity,andformedintoaunitybyitslanguage,manners,historicaldevelopment,culture,andconstitution。Thisunityis
  thefirstconditionofthesecurity,wellbeing,progress,andcivilizationoftheindividual;andprivateeconomicinterests,like
  allothers,mustbesubordinatedtothemaintenance,completion,andstrengtheningofthenationality。Thenationhavinga
  continuouslife,itstruewealthconsistsandthisisList’sfundamentaldoctrinenotinthequantityofexchange—valueswhich
  itpossesses,butinthefullandmany—sideddevelopmentofitsproductivepowers。Itseconomiceducation,ifwemayso
  speak,ismoreimportantthantheimmediateproductionofvalues,anditmayberightthatthepresentgenerationshould
  sacrificeitsgainandenjoymenttosecurethestrengthandskillofthefuture。Inthesoundandnormalconditionofanation
  whichhasattainedeconomicmaturity,thethreeproductivepowersofagriculture,manufactures,andcommerceshouldbe
  alikedeveloped。Butthetwolatterfactorsaresuperiorinimportance,asexercisingamoreeffectiveandfruitfulinfluenceon
  thewholecultureofthenation,aswellasonitsindependence。Navigation,railways,allhighertechnicalarts,connect
  themselvesspeciallywiththesefactors;whilstinapurelyagriculturalstatethereisatendencytostagnation,absenceof
  enterprise,andthemaintenanceofantiquatedprejudices。Butforthegrowthofthehigherformsofindustryallcountriesare
  notadaptedonlythoseofthetemperatezones,whilstthetorridregionshaveanaturalmonopolyintheproductionof
  certainrawmaterials;andthusbetweenthesetwogroupsofcountriesadivisionoflabourandconfederationofpowers
  spontaneouslytakesplace。Listthengoesontoexplainhistheoryofthestagesofeconomicdevelopmentthroughwhichthe
  nationsofthetemperatezone,whicharefurnishedwithallthenecessaryconditions,naturallypass,inadvancingtotheir
  normaleconomicstate。Theseare(1)pastorallife,(2)agriculture,(3)agricultureunitedwithmanufactures;whilstinthe
  finalstageagriculture,manufactures,andcommercearecombined。Theeconomictaskofthestateistobringintoexistence
  bylegislativeandadministrativeactiontheconditionsrequiredfortheprogressofthenationthroughthesestages。Outof
  thisviewarisesList’sschemeofindustrialpolitics。Everynation,accordingtohim,shouldbeginwithfreetrade,stimulating
  andimprovingitsagriculture,byintercoursewithricherandmorecultivatednations,importingforeignmanufacturesand
  exportingrawproducts。Whenitiseconomicallysofaradvancedthatitcanmanufactureforitself,thenasystemof
  protectionshouldbeemployedtoallowthehomeindustriestodevelopthemselvesfully,andsavethemfrombeing
  overpoweredintheirearliereffortsbythecompetitionofmorematuredforeignindustriesinthehomemarket。Whenthe
  nationalindustrieshavegrownstrongenoughnolongertodreadthiscompetition,thenthehigheststageofprogresshas
  beenreached;freetradeshouldagainbecometherule,andthenationbethusthoroughlyincorporatedwiththeuniversal
  industrialunion。InList’stime,accordingtohisview,Spain,Portugal,andNapleswerepurelyagriculturalcountries;
  GermanyandtheUnitedStatesofNorthAmericahadarrivedatthesecondstage,theirmanufacturesbeinginprocessof
  development。Francewasneartheboundaryofthethirdorhigheststage,whichEnglandalonehadreached。ForEngland,
  therefore,aswellasfortheagriculturalcountriesfirst—named,freetradewastherighteconomicpolicy,butnotfor
  GermanyorAmerica。Whatanationlosesforatimeinexchange—valuesduringtheprotectiveperiodshemuchmorethan
  gainsinthelongruninproductivepower,thetemporaryexpenditurebeingstrictlyanalogous,whenweplaceourselvesat
  thepointofviewofthelifeofthenation,tothecostoftheindustrialeducationoftheindividual。Thepracticalconclusion
  whichListdrewforhisowncountrywasthatsheneededforhereconomicprogressanextendedandconvenientlybounded
  territoryreachingtothesea—coastbothonnorthandsouth,andavigorousexpansionofmanufacturesandcommerce,and
  thatthewaytothelatterlaythroughjudiciousprotectivelegislationwithacustomsunioncomprisingallGermanlands,and
  aGermanmarinewithaNavigationAct。ThenationalGermanspirit,strivingafterindependenceandpowerthroughunion,
  andthenationalindustry,awakingfromitslethargyandeagertorecoverlostground,werefavourabletothesuccessof
  List’sbook,anditproducedagreatsensation。Heablyrepresentedthetendenciesanddemandsofhistimeinhisown
  country;hisworkhadtheeffectoffixingtheattention,notmerelyofthespeculativeandofficialclasses,butofpracticalmen
  generally,onquestionsofPoliticalEconomy;andhehadwithoutdoubtanimportantinfluenceonGermanindustrialpolicy。
  Sofarasscienceisconcerned,theemphasishelaidontherelativehistoricalstudyofstagesofcivilizationasaffecting
  economicquestions,andhisprotestagainstabsoluteformulas,hadacertainvalue;andthepreponderancegiventothe
  nationaldevelopmentovertheimmediategainsofindividualswassoundinprinciple;thoughhisdoctrinewas,bothonits
  publicandprivatesides,toomuchofamerechrematistic,andtendedinfacttosetupanewformofmercantilism,rather
  thantoaidthecontemporaryefforttowardssocialreform。
  MostofthewritersathomeorabroadhithertomentionedcontinuedthetraditionsoftheschoolofSmith,onlydeveloping
  hisdoctrineinparticulardirections,sometimesnotwithoutone—sidednessorexaggeration,orcorrectingminorerrorsinto
  whichhehadfallen,orseekingtogivetotheexpositionofhisprinciplesmoreoforderandlucidity。Someassailedtheabuse
  ofabstractionbySmith’ssuccessors,objectedtotheconclusionsofRicardoandhisfollowerstheirnon—accordancewiththe
  actualfactsofhumanlife,orprotestedagainsttheanti—socialconsequenceswhichseemedtoresultfromtheapplicationof
  the(so—called)orthodoxformulas。AfewchallengedSmith’sfundamentalideas,andinsistedonthenecessityofalteringthe
  basisofgeneralphilosophyonwhichhiseconomicsultimatelyrest。But,notwithstandingvariouspremonitoryindications,
  nothingsubstantial,atleastnothingeffective,wasdone,withinthefieldwehaveasyetsurveyed,towardstheestablishment
  ofareallyneworderofthinking,ornewmodeofproceeding,inthisbranchofinquiry。Now,however,wehavetodescribe
  agreatandgrowingmovement,whichhasalreadyconsiderablychangedthewholecharacterofthestudyintheconceptions
  ofmany,andwhichpromisestoexerciseastillmorepotentinfluenceinthefuture。WemeantheriseoftheHistorical
  School,whichweregardasmarkingthethirdepochinthemoderndevelopmentofeconomicscience。
  NOTES:
  1。AnEnglishtranslationoftheDixmeRoyalewaspublishedin1708。
  2。"RichardCantillonandtheNationalityofPoliticalEconomy,"inContemporaryReview,Jan。1881。Cantillonisquotedin
  theWealthofNations,bk。i。chap。8。
  3。GournaystronglyrecommendedtohisfriendsCantillon’sbookas"ouvrageexcellentqu’onnégligeait。"Mémoiresde
  Morellet,i。38。
  4。SeeCliffeLeslie’sEssaysinPoliticalandMoralPhilosophy。p。151。
  5。Prof。Ricca—Salemo(LeDottrineFinanziarieinInghilterra)hascalledattentiontothefactthattheproposalofasingle
  tax,onland,groundedontheoreticprinciplesidenticalwiththoseofthePhysiocrats,wasputforward,andsupportedwith
  muchclearnessandforce,soearlyas1714,byJacobVanderlint。anEnglishman,inhistractentitledMoneyanswersall
  things。
  6。AcompleteeditionoftheOEuvreséconomiquesetphilosophiquesofQuesnaywaspublishedbyOnckenin1888。
  7。WealthofNations,bk。iv,chap。9。
  8。Ibid。bk。i,chap。11。
  9。Gournay’sinspirationwas,withoutdoubt,largelyEnglish。"Ilavaitlu,"saysMorellet,"debonslivresAnglaisd’Économie
  politique,tellsquePetty,Davennat,Gee,Child,etc。"——Mémoires,i。18。
  10。OtherlessprominentmembersofthegroupwereLetrosniandtheAbbéBaudeau。
  11。OnGaliani’sDialogues,seepage72。SoonaftertheappearanceofthisbookTurgotwrotetoMlle。deLespinasse——"Je
  croispossibledeluifaireunetrèsbonneréponse;maiscelademandebiendel’art。Leséconomistessonttropconfiantspour
  combattrecontreunsiadroitferrailleur。Pourl’abbeMorellet,ilnefautpasqu’ilypense。"Morellet’sworkwasprohibitedby
  theController—GénéralTerray;thoughprintedin1770,somemonthsafterGalliani’s,itwasnotpublishedtill1774——Adam
  SmithspeaksofMorelletas"aneminentFrenchauthor,ofgreatknowledgeinmattersofpoliticaleconomy"(Bk,v,chap,
  I)。
  12。Hume,inalettertoMorellet,1769,callsthem"thesetofmenthemostchimericalandarrogantthatnowexist。"He
  seemsintentionallytoignoreMorellet’scloseconnectionwiththem。
  13。Turgotsaid,"Quiconquen’oubliepasqu’ilyadesétatspolitiquesséparéslesunsdesautresetconstituésdiversement,ne
  traiterajamaisbienaucunequestiond’Économiepolitique。"LettertoMlle。desLespinasse,1770。
  14。SeealsoGrimm:"C’estPiatonaveclaverveetlesgestesd’Ariequin。"Diderotcalledthebook"modèlededialoguesqui
  reateraàcôtéleslettresdePascal。"
  15。J。S。Mill,inhisPrinciples,bk。i。chap。I,takescredittohisfatherforhavingfirstillustratedandmadeprominentin
  relationtoproductionwhathestrangelycalls,afundamentalprincipleofPoliticalEconomy,"namely,that"allthatmandoes
  orcandowithmatter"isto"moveonethingtoorfromanother。"ButtheisclearlyputfowardbyVerriinhisMeditazioni,
  sect。3:"Accostareesepararesonogtuaicielementichel’ingegnoumanoritrovaanalizzandol’ideadellariproduzione。"
  16。HistoryofAmerica,note193
  17。PhilosophiePositive,vol。vp。759。
  18。Roschel,GeschichtederN。O。inDeutschland,p。498。