IDEAS home Printed from https://ideas.repec.org/h/pal/pshchp/978-3-319-96403-4_7.html
   My bibliography  Save this book chapter

Unintended Consequences: Scottish Political Economy as a Reaction to Mercantilism

In: Shifting Capital

Author

Listed:
  • Aida Ramos

    (University of Dallas)

Abstract

This chapter asserts that the vacuum left by the departure of the Scottish Parliament allowed Scotland’s other institutions to continue to develop, which helped to lay the groundwork for the emergence of the Scottish Enlightenment. Scotland’s changed economic circumstances and governance post-Union necessitated the emergence of Scottish political economy. The work of Sir James Steuart and Adam Smith is explored as a reaction against the worldview of mercantilism on growth, trade, poverty, and independence. Each author’s growth theory demonstrates a growth theory based on interdependence among individuals in society rather than the competition and dependence of nation-states. Rather than interference, the role of government is reassigned as one that supports commerce in the case of Smith and prevents crises in Steuart.

Suggested Citation

  • Aida Ramos, 2018. "Unintended Consequences: Scottish Political Economy as a Reaction to Mercantilism," Palgrave Studies in the History of Economic Thought, in: Shifting Capital, chapter 7, pages 119-138, Palgrave Macmillan.
    • Handle: RePEc:pal:pshchp:978-3-319-96403-4_7
    DOI: 10.1007/978-3-319-96403-4_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:pshchp:978-3-319-96403-4_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.