Abstract

One of Hume's early biographers, John Hill Burton, described Hume's Political Discourses as "the cradle of political economy".1 "As much as that science has been investigated and expounded in later times," Burton argued, "these earliest, shortest, and simplest developments of its principles [in the Political Discourses] are still read with delight even by those who are masters of all the literature of this great subject."2 In their recent book, Margaret Schabas and Carl Wennerlind do much to vindicate Burton's claim, illustrating the genius, breadth, and lasting influence, across various schools of thought, of Hume's economics.Through a careful exposition of Hume's reflections on the methodology of...