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2014 HES PRESIDENTIAL ADDRESS BEES AND SILKWORMS: MANDEVILLE, HUME, AND THE FRAMING OF POLITICAL ECONOMY

  • Margaret Schabas (a1)
Abstract

Mandeville and Hume advance similar framings for their political economy, using emergentist and proto-sociological lines of analysis. They are less aligned with liberalism (political, economic, or metaphysical) than mercantilism, insofar as they favor balance-of-trade arguments and urbanization. They are both methodological holists, not individualists. It is the group, not individual agents, that figures at the core of their thought.

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John Arbuthnot . 1710. “An Argument for Divine Providence, taken from the Constant Regularity Observed in the Births of Both Sexes.” Philosophical Transactions of the Royal Society of London 27 (325): 186190.

Filippo Cesarano . 1998. “Hume’s Specie-Flow Mechanism and Classical Monetary Theory: An Alternative Interpretation.” Journal of International Economics 45 (1): 173186.

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Margaret Schabas . 1995. “Parmenides and the Cliometricians.” In Daniel Little , ed., On the Reliability of Economic Models. Boston: Kluwer, 183202.

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Margaret Schabas . 2007. “Groups versus Individuals in Hume’s Political Economy.” The Monist 90 (2): 200212.

Margaret Schabas . 2008. “Hume’s Monetary Thought Experiments.” Studies in the History and Philosophy of Science 39 (3): 161169.

Margaret Schabas . 2014. “’Let Your Science be Human’: David Hume and the Honourable Merchant.” European Journal of the History of Economic Thought 21 (6): 977990.

Carl Wennerlind . 2001. “The Link between David Hume’s A Treatise of Human Nature and His Fiduciary Theory of Money.” History of Political Economy 33 (1): 139160.

Carl Wennerlind . 2005. ‘David Hume’s Monetary Theory Revisited: Was He Really a Quantity Theorists and an Inflationist?” Journal of Political Economy 113 (1): 223237.

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Journal of the History of Economic Thought
  • ISSN: 1053-8372
  • EISSN: 1469-9656
  • URL: /core/journals/journal-of-the-history-of-economic-thought
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