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  19。AnearlierworkofP。delaCourt,theInteresevanHollandofteGrondenvanHollands—Welvaren(1662),wasmuch

  readintheseventeenthcenturyThereisoneEnglishandthreeGermantranslationsofthisbook。

  20。Bk。v,chap。i,art。3。

  21。Smithsays,inalettertoPulteney(1772)——\"IhavethesameopinionofSirJamesSteuart’sbookthatyouhave。Without

  oncementioningit,Iflattermyselfthatanyfalseprincipleinitwillmeetwithaclearanddistinctconfutationinmine。\"

  22。\"WhenIrecollectwhatthePresidentMontesquieuhaswritten,IamatalosstotellwhyIshouldtreatofhumanaffairs;

  butItooaminstigatedbymyreflectionsandmysentiments;andImayutterthemmoretothecomprehensionofordinary

  capacities,becauseIammoreonthelevelofordinarymen……thereadershouldbereferredtowhathasbeenalready

  deliveredonthesubjectbythisprofoundpoliticianandamiablemoralist\"(PartI,sect。10)。HumespeaksofMontesquieuas

  an\"illustriouswriter,\"who\"hasestablished……asystemofpoliticalknowledge,whichaboundsiningeniousandbrilliant

  thoughtsandisnotwantinginsolidity\"(PrinciplesofMorals,sect。3andnote)。

  23。ThefollowingparagraphappearedinMoniteurUniverselofMarch11,1790:——\"OnprétendquelecélébreM。Smith,

  connusiavantageusementparsontraitédescausesdelarichessedesnations,prépareetvamettrel’impressionunexamen

  critiquede’EspritdesLois;c’estlerésultatdepleusiersannéesdeméditaion,etl’onsaitassezcequ’onadroitd’attendre

  d’unetêtecommecelledeM。Smith。Celivreferaépoquedansl’histoiredelapolitiqueetdelaphilosophie,telestdumoins

  lejugementqu’enportentdesgensinstruitsquienconnaissentdesfragmentsdontilsneparientqu’avecunenthousiasmedu

  plusheureuxaugure。\"

  24。Smithtakesnoaccountinthisplaceoftheevilswhichmayarisefromahighlydevelopeddivisionoflabour。ButseeBk。

  v,chap。i。

  25。Thissentence,whichoncloseexaminationwillbefoundtohavenodefiniteintelligiblesense,affordsagoodexampleof

  thewayinwhichmetaphysicalmodesofthoughtobscureeconomicideas。Whatisa\"quantityoflabour,\"thekindoflabour

  beingundetermined?Andwhatismeantbythephrase\"ofequalvalue\"?

  26。Smith’sexpressionsonthispointarelax,aswillbeseenwhenwecometoexaminethe(so—called)Ricardiantheoryof

  Rent。

  27。Seep。110,onBentham。

  28。Itmust,however,alwaysbeborneinmindthattheadoptionbyastateofthissortofprotectionisliabletothree

  practicaldangers:——(1)ofencouragementbeingprocuredthroughpoliticalinfluencesforindustrieswhichcouldneverhave

  anindependenthealthylifeinthecountry——(2)ofsuchencouragementbeingcontinuedbeyondthetermduringwhichit

  mightbeusefullygiven;(3)ofaretaliatoryspiritofexclusionbeingprovokedinothercommunities。

  29。ProfessorBastablecallstheauthor’sattentiontotheinterestingfactthattheproposalofanexportdutyonwoolandthe

  justificationofatemporarymonopolytojoint—stockcompaniesbothappearforthefirsttimeinthethirdedition(1784)。

  30。IntheIntroductoryEssaytohiseditionoftheWealthofNations。

  31。\"Thepublicwillprobablysoonbefurnishedwithatheoryofnationaleconomy,equaltowhathaseverappearedonany

  subjectofsciencewhatever。\"(PartIII,sect。4)。

  32。FiveeditionsoftheWealthofNationsappearedduringthelifeoftheauthor:——thefirstin1776,Thesecondin1779,the

  thirdin1784,thefourthin1786,andthefifthin1789。AfterthethirdeditionSmithmadenochangeinthetext。The

  principaleditionscontainingmatteraddedbyothereconomistsarethosebyWilliamPlayfair,withnotes,1805;byDavid

  Buchanan,withnotes,1814;byJ。R。M’Culloch,withlifeoftheauthor,introductorydiscourse,notes,andsupplemental

  dssertations,1828(also,withnumerousadditions,1839;sincereprintedseveraltimeswithfurtheradditions);bytheauthor

  ofEnglandandAmerica(EdwardGibbonWakefield),withacommentarywhich,however,isnotcontinuedbeyondthe

  secondbook,1835—9;byJamesE。ThoroldRogers,ProfessorofPoliticalEconomyatOxford,withbiographicalprefaceand

  ausefulverificationofSmith’squotationandreferences,1869(2ded。,1880)——andbyJ。S。Nicholson,professorat

  Edinburgh,withanIntroductoryEssay,andnotesreferringtosourcesoffurtherinformationonthevarioustopicshandled

  inthetext,1884。ThereisacarefulAbridgmentbyWP。Emerton(2ded。,1881),foundedontheearlyAnalysisJeremiah

  Joyce(3ded。,1821)。

  33。Parl。Hist。,vol。xxxiii,p。778。

  34。Itmustberemembered,however,thatthesamedoctrinehadbeensupportedwithnolessabilityasearlyas1769by

  TurgotinhisMémoiresurlesprêtsd’argent。

  35。Lettresd’A。ComteàJ。S。Mill,p。4。

  36。InhisdiscourseattheSorbonne(1760),Surlesprogrèssuccessifsdel’esprithumain。

  37。Theirdatesare1806,1807,1816,1817,1826。

  38。OnthissubjectseethespeculationsofHerbertSpencerinhisPrincipleofBiology,PartVI,chaps。xii,xiii。

  39。Malthushimselfsaid:——\"Itisprobablethat,havingfoundthebowbenttoomuchoneway,Iwasinducedtobendittoo

  muchtheotherinordertomakeitstraight。\"

  40。TheEssayonPopulationandtheInquiryintotheNatureandProgressofRent(1815),tobehereaftermentioned,are

  byfarthemostimportantcontributionsofMalthustothescience。HewasalsoauthorofPrinciplesofPoliticalEconomy(1820)。DefinitionsinPoliticalEconomy(1827),andotherminorpieces。OntheselessimportantwritingsofMalthus,and

  onhispersonalhistory,seeMalthusandhisWork(1885),byJamesBonar,whohasalsoedited(1888)theLettersof

  RicardotoMalthus。

  41。\"Politicaleconomy,youthink,isininquiryintothenatureandcausesofwealth;Ithinkitshouldratherbecalledan

  inquiryintothelawsthatdeterminethedivisionoftheproduceofindustryamongsttheclasseswhoconcurinitsformation。\"

  ——LettersofRicardotoMalthus,ed。byJ。Bonar(1889)。

  42。Anderson’saccountoftheoriginofrentisreprintedintheSelectCollectionofScarceandValuableEconomicalTracts,

  editedforLordOverstonebyJ。R。M’Culloch,1859。

  43。Senior,however,haspointedoutthatSmithispartlyright;whilstitistruethatrentisdemandedbecausetheproductive

  powersofnaturearelimited,andincreasedpopulationrequiresalessremunerativeexpenditureinordertoobtainthe

  necessarysupply;ontheotherhand,itisthepowerwhichmostlandpossessesofproducingthesubsistanceofmorepersons

  thanartrequiredforitscultivationthatsuppliesthefundoutofwhichrentcanbepaid。

  44。\"Asthecolonyincreases,theprofitsofstockgraduallydiminish。Whenthemostfertileandbestsituatedlandshavebeen

  alloccupied,lessprofitcanbemadebythecultivationofwhatisinferiorbothinsoilandsituation,andlessinterestcanbe

  affordedforthestockwhichissoemployed。\"TheviewinquestionhadbeenanticipatedbyWest。

  45。AdamSmithsays:——\"Itappearsevidentlyfromexperiencethatmanis,ofallsortsofluggage,themostdifficulttobe

  transported\"(WealthofNations。Bk。I,chap。viii)。

  46。Tenant’sGainnotLandlord’sLoss(1883),p。83。

  47。ZweiBücherzurSocialenGeschichteEnglands,p。194。

  48。AsketchofRicardo’spersonalhistory,andanaccountofhiswritingsonmonetaryquestions,whichcouldnot

  convenientlybeintroducedherewillbefoundunderhisnameintheEncyclopaediaBritannica,9thedition。

  49。Thus,inWealthofNations,Bk。I,chap。vii,wehavethephrase\"thefundswhicharedestinedtothepaymentofwages,\"

  \"thefundsdestinedforemployingindustry\"\"thefundsdestinedforthemaintenanceofservants\"

  50。SeethelastofhisFourIntroductoryLecturesonPolitical;Economy,1852。

  51。Mill,however,tellsusinhisPrefacetothoseEssaysthathisownviewsonthatsubjecthadbeenentertainedand

  committedtowritingbeforethepublicationbyTorrensofsimilaropinions。

  52。SamuelCrumpe,M。D。,hadpublishedatDublinin1793anEssayontheBestMeansofProvidingEmploymentforthe

  People,whichobtainedaprizeofferedbytheRoyalIrishAcademyforthebestdissertationonthatsubject。Thisisa

  meritoriouswork,andcontainsagoodstatementofsomeoftheleadingprinciplesofAdamSmith。JohnHelyHutchinson’sCommercialRestraintsofIreland(1779)isimportantfortheeconomichistoryofthatcountry。

  53。AfterwardsLordAshburton。ForthisPetition,seeM’Culloch’sLiteratureofPoliticalEconomy,p。57,orSenior’sLecturesontheTransmissionofthePreciousMetals,etc。,2ded。,p。78。

  54。Curiously,inanotherwisewell—executedabridgmentofMill’sworkpublishedintheUnitedStates(1886)byJ。Laurence

  Laughlin,asatextbooktorcolleges,allthat\"shouldproperlybeclassedundertheheadofSociology\"hasbeenomitted,

  Mill’sownconceptionbeingthussetaside,andhisbookmadetoconformtothecommontype。

  55。MrJohnMorley(\"MillonReligion\",inCriticalMiscellanies,2dser,1877)betrayssomethingconsternationatfinding

  inMill’sposthumouswritingsstatementsofopiniondistinctlyatvariancewithphilosophicdoctrineshehadenergetically

  maintainedduringhiswholelife。

  56。SeealsohisChaptersonSocialism,inFortnightlyReview,1879

  57。Economistsarefondofcomparingtherateofprofitorwagesinonenation(usingthiswordinitseconomicsense)toa

  singlefluidsurfacewhichiscontinuallydisturbedbytransientinfluencesandcontinuallytendingtorecoveritslevel。We

  mustcomparetheseratesindifferentnationstoreservoirswhich,notcommunicatingwitheachother,standalwaysat

  different,thoughvariable,levels。Andthelattercomparisonwillapplyalsototherates(alleastofwages)indifferent

  economic\"groups\",orstrata,withinthesamecommunity。

  58。Seep。139。

  59。Jevonsstrangelysays,inthePrefacetohisTheoryofPoliticalEconomy,2d。ed。,thatthewagesfunddoctrine\"has

  beenabandonedbymostEnglisheconomistsowingtotheattacks,\"amongstothers。\"OfCairnes。\"Cairneswas,intruth,a

  supporterofthedoctrine。

  60。InhisEssayonthePrincipleofCommercialExchanges。

  61。OnthiswholesubjectseeProfessorC。F。Bastable’sTheoryofInternationalTrade,1887。

  62。ThefirstFrenchtranslationoftheWealthofNations,byBlavet,appearedintheJournaldel’Agriculture,du

  Commerce,desFinances,etdesArts,1779—80;neweditionsofitwerepublishedin1781,1788,and1800;itwasalso

  printedatAmsterdamin1784。Smithhimselfrecommendeditinhisthirdeditionoftheoriginalasexcellent。In1790

  appearedthetranslationbyRoucher,towhichCondorcethadintendedtoaddnotes,andin1802thatbyCountGermain

  Garnier,executedduringhisexileinEnglandwhichisnowconsideredthestandardversion,andhasbeenreproduced,with

  notesbySay,Sismondi,Blanqui,etc。,intheCollectiondesPrinicipauxEconomistes。

  63。HegrosslyexaggeratedSmith’sfaultsofmethod。ThushesaysL’ouvragedeSmithn’estqu’unassemblageconfusdes

  principeslesplussainsdel’Economiepolitique……sonlivreestunvastechaosd’idéesjustes—(DiscoursPréliminaire)。

  64。TheFrencheconomistsarecontinuedonpage175。

  65。Hamilton’sWorks,editedbyH。C。Lodge,vol。iii,p;294。

  66。Itis,however,amistaketosupposethattheassumptionofthishistoricalorderofdescentisessentialtothetheoryin

  question。

  67。ThisargumentseemsscarcelymetbyProfessorF。A。Walker,PoliticalEconomy,5052。Butperhapsheisrightin

  thinkingthatCareyexaggeratestheimportanceoftheconsiderationsonwhichitisfounded。MillandLeslieremarkthatthe

  transportationofagriculturalproductsfromthewesterntotheAtlanticStateshasthesameeffectastheirexporttoEurope,

  sofarasthisso—called\"land—butchery\"isconcerned;besidessomemanuresareobtainablefromabroad。

  68。OtherwritingsofCarey’sbesideshisSocialSciencearehisEssayontheRateofWages(1835);PrinciplesofPolitical

  Economy(18381840)Past,Present,andFuture(1848)UnityofLaw(1872)。

  69。CharlesComte(17821837)wasson—in—lawofJ。B。Say。HewasassociatedwithDunoyerinhispoliticalwritingsand,

  likehim,distinguishedforhishonourableindependence。HewasauthoroftheTraitédeLégislation,ameritoriousand

  useful,butnotaprofoundwork。

  70。M。Leroy—Beaulieumaintains(EssaisurlaRépartitiondesRichesses,2ded。,1882)thatthis,thoughnotstrictly,is

  approximatelytruethateconomicformsaverysmallpartofactualrent。

  71。EssaysinPoliticalEconomy,p。334。

  72。HermannHeinrichGossen’swork,EntwickelungderGesetzedesnutsschlichanVerkehrs,sohighlypraisedbyJevons,TheoryofPol。Econ。,2ded。,Pref。,waspublishedin1854。

  73。ThefirstGermanversionoftheWealthofNationswasthatbyJohannFriedrichSchiller,published177678。The

  second,whichisthefirstgoodone,wasbyChnstianGarveandagain1799and1810)。AlateronebyC。W。Asher(1861)is

  highlycommended。

  CHAPTERVI

  THEHISTORICALSCHOOL

  Thenegativemovementwhichfilledtheeighteenthcenturyhadforitswatchwordontheeconomicsidetheliberationof

  industrialeffortfrombothfeudalsurvivalsandGovernmentalfetters。Butinalltheaspectsofthatmovement,theeconomic

  aswellastherest,theprocessofdemolitionwashistoricallyonlythenecessarypreliminaryconditionofatotalrenovation

  towardswhichWesternEuropewasenergeticallytending,thoughwithbutanindistinctconceptionofitsprecisenature。The

  disorganizationofthebodyofopinionwhichunderlaytheoldsystemoutrantheprogresstowardstheestablishmentofnew

  principlesadequatetoformaguidanceinthefuture。Thecriticalphilosophywhichhadwroughtthedisorganizationcould

  onlyrepeatitsformulasofabsoluteliberty,butwaspowerlessforreconstruction。Andhencetherewasseenthroughoutthe

  West,aftertheFrenchexplosion,theremarkablespectacleofacontinuousoscillationbetweenthetendencytorecurto

  outwornideasandavagueimpulsetowardsaneworderinsocialthoughtandlife,thisimpulseoftentakingananarchical

  character。

  Fromthisstateofoscillation,whichhasgiventothe19thcenturyitsequivocalandtransitionalaspect,theonlypossible

  issuewasinthefoundationofascientificsocialdoctrinewhichshouldsupplyabasisforthegradualconvergenceofopinion

  onhumanquestions。ThefoundationofsuchadoctrineistheimmortalserviceforwhichtheworldisindebtedtoAuguste

  Comte(17981857)。

  TheleadingfeaturesofSociology,asheconceivedit,arethefollowing:(1)itisessentiallyonescience,inwhichallthe

  elementsofasocialstatearestudiedintheirrelationsandmutualactions;(2)itincludesadynamicalaswellasastatical

  theoryofsociety;(3)itthuseliminatestheabsolute,substitutingforanimaginedfixitytheconceptionoforderedchange;(4)

  itsprincipalmethod,thoughothersarenotexcluded,isthatofhistoricalcomparison;(5)itispervadedbymoralideas,by

  notionsofsocialduty,asopposedtotheindividualrightswhichwerederivedascorollariesfromthejusnaturae;and(6)in

  itsspiritandpracticalconsequencesittendstotherealisationofallthegreatendswhichcompose\"thepopularcause\";yet

  (7)itaimsatthisthroughpeacefulmeans,replacingrevolutionbyevolution。(1)Theseveralcharacteristicswehave

  enumeratedarenotindependent;theymaybeshowntobevitallyconnectedwitheachother。Severalofthesefeaturesmust

  nowbemorefullydescribed;theotherswillmeetusbeforethecloseofthepresentsurvey。

  InthemasterlyexpositionofsociologicalmethodwhichiscontainedinthefourthvolumeofthePhilosophiePositive(1839),(2)Comtemarksoutthebroaddivisionbetweensocialstaticsandsocialdynamicstheformerstudyingthelawsof

  socialcoexistence,thelatterthoseofsocialdevelopment。Thefundamentalprincipleoftheformeristhegeneralconsensus

  betweentheseveralsocialorgansandfunctions,which,withoutundulypressingausefulanalogy,wemayregardas

  resemblingthatwhichexistsbetweentheseveralorgansandfunctionsofananimalbody。Thestudyofdynamicalisdifferent

  from,andnecessarilysubordinatedto,thatofstaticalsociology,progressbeinginfactthedevelopmentoforder,justasthe

  studyofevolutioninbiologyisdifferentfrom,andsubordinatedto,thatofthestructuresandfunctionswhichareexhibited

  byevolutionastheyexistattheseveralpointsofanascendingscale。Thelawsofsocialcoexistenceandmovementareas

  muchsubjectsforobservationasthecorrespondingphenomenainthelifeofanindividualorganism。Forthestudyof

  developmentinparticular,amodificationofthecomparativemethodfamiliartobiologistswillbetheappropriatemodeof

  research。Theseveralsuccessivestagesofsocietywillhavetobesystematicallycompared,inordertodiscovertheirlawsof

  sequence,andtodeterminethefiliationoftheircharacteristicfeatures。

  Thoughwemusttakecarethatbothinourstaticalanddynamicalstudieswedonotignoreorcontradictthefundamental

  propertiesofhumannature,theprojectofdeducingeitherspeciesoflawsfromthosepropertiesindependentlyofdirect

  observationisonewhichcannotberealised。Neitherthegeneralstructureofhumansocietynorthemarchofitsdevelopment

  couldbesopredicted。Thisisespeciallyevidentwithrespecttodynamicallaws,because,inthepassageofsocietyfromone

  phasetoanother,thepreponderatingagencyistheaccumulatedinfluenceofpastgenerations,whichismuchtoocomplexto

  beinvestigateddeductivelyaconclusionwhichitisimportanttokeepsteadilybeforeusnowthatsomeofthe(so—called)

  anthropologistsareseekingtomakethescienceofsocietyamereannexandderivativeofbiology。Theprinciplesofbiology

  unquestionablylieatthefoundationofthesocialscience,butthelatterhas,andmustalwayshave,afieldofresearchanda

  methodofinquirypeculiartoitself。Thefieldishistoryinthelargestsense,includingcontemporaryfact;andtheprincipal,

  thoughnotexclusive,methodis,aswehavesaid,thatprocessofsociologicalcomparisonwhichismostconvenientlycalled

  \"thehistoricalmethod。\"

  Thesegeneralprinciplesaffecttheeconomicnolessthanotherbranchesofsocialspeculation;andwithrespecttothat

  departmentofinquirytheyleadtoimportantresults。Theyshowthattheideaofformingatruetheoryoftheeconomicframe

  andworkingofsocietyapartfromitsothersidesisillusory。Suchstudyisindeedprovisionallyindispensable,butnorational

  theoryoftheeconomicorgansandfunctionsofsocietycanbeconstructediftheyareconsideredasisolatedfromtherest。In

  otherwords,aseparateeconomicscienceis,strictlyspeaking,animpossibility,asrepresentingonlyoneportionofa

  complexorganism,allwhosepartsandtheiractionsareinaconstantrelationofcorrespondenceandreciprocalmodification。

  Hence,too,itwillfollowthat,whateverusefulindicationsmaybederivedfromourgeneralknowledgeofindividualhuman

  nature,theeconomicstructureofsocietyanditsmodeofdevelopmentcannotbedeductivelyforeseen,butmustbe

  ascertainedbydirecthistoricalinvestigation。Wehavesaid\"itsmodeofdevelopment\";foritisobviousthat,asofevery

  socialelement,sooftheeconomicfactorinhumanaffairs,theremustbeadynamicaldoctrine,atheoryofthesuccessive

  phasesoftheeconomicconditionofsocietyyetintheacceptedsystemsthiswasadesideratum,nothingbutsomepartialand

  fragmentarynotionsonthiswholesideofthesubjectbeingyetextant。(3)And,further,theeconomicstructureandworking

  ofonehistoricstagebeingdifferentfromthoseofanother,wemustabandontheideaofanabsolutesystempossessing

  universalvalidity,andsubstitutethatofaseriesofsuchsystems,inwhich,however,thesuccessionisnotatallarbitrary,but

  isitselfregulatedbylaw。

  ThoughComte’senterprisewasaconstructiveone,hisaimbeingthefoundationofascientifictheoryofsociety,hecould

  notavoidcriticisingthelaboursofthosewhobeforehimhadtreatedseveralbranchesofsocialinquiry。Amongstthemthe

  economistswerenecessarilyconsidered;andheurgedorimplied,invariousplacesofhisabove—namedwork,aswellasof

  hisPolitiquePositive,objectionstotheirgeneralideasandmethodsofprocedureessentiallythesamewiththosewhichwe

  statedinspeakingofRicardoandhisfollowers。J。S。Millshowshimselfmuchirritatedbythesecomments,andremarkson

  themasshowing\"howextremelysuperficialM。Comte\"(whomheyetregardsasathinkerquitecomparablewithDescartes

  andLeibnitz)\"couldsometimesbe,\"anunfortunateobservation,whichhewouldscarcelyhavemadeifhecouldhave

  foreseenthesubsequentmarchofEuropeanthought,andthelargedegreeinwhichthemainpointsofComte’scriticismhave

  beenacceptedorindependentlyreproduced。

  GERMANY

  ThesecondmanifestationofthisnewmovementineconomicsciencewastheappearanceoftheGermanhistoricalschool。

  Theviewsofthisschooldonotappeartohavearisen,likeComte’stheoryofsociologicalmethod,outofgeneral

  philosophicideas;theyseemrathertohavebeensuggestedbyanextensiontotheeconomicfieldoftheconceptionsofthe

  historicalschoolofjurisprudenceofwhichSavignywasthemosteminentrepresentative。Thejuristicsystemisnotafixed

  socialphenomenon,butisvariablefromonestageintheprogressofsocietytoanother;itisinvitalrelationwiththeother

  coexistentsocialfactors;andwhatis,inthejuralsphere,adaptedtooneperiodofdevelopment,isoftenunfitforanother。

  Theseideaswereseentobeapplicabletotheeconomicsystemalso;therelativepointofviewwasthusreached,andthe

  absoluteattitudewasfoundtobeuntenable。Cosmopolitanismintheory,ortheassumptionofasystemequallytrueofevery

  country,andwhathasbeencalledperpetualism,ortheassumptionofasystemapplicabletoeverysocialstage,werealike

  discredited。AndsotheGermanhistoricalschoolappearstohavetakenitsrise。

  Omittingpreparatoryindicationsandundevelopedgermsofdoctrine,wemusttracetheoriginoftheschooltoWilhelm

  Roscher(18171894)。Itsfundamentalprinciplesarestated,thoughwithsomehesitation,andwithanunfortunatecontrast

  ofthehistoricalwiththe\"philosophical\"method,(4)inhisGrundrisszuVorlesungenüberdieStaatswirthschaftnach

  geschichtlicherMethode(1843)。Thefollowingaretheleadingheadsinsistedonintheprefacetothatwork。

  \"Thehistoricalmethodexhibitsitselfnotmerelyintheexternalformofatreatmentofphenomenaaccordingtotheir

  chronologicalsuccession,butinthefollowingfundamentalideas。(1。)Theaimistorepresentwhatnationshavethought,

  willed,anddiscoveredintheeconomicfield,whattheyhavestrivenafterandattained,andwhytheyhaveattainedit。(2。)A

  peopleisnotmerelythemassofindividualsnowliving;itwillnotsufficetoobservecontemporaryfacts。(3。)Allthepeoples

  ofwhomwecanlearnanythingmustbestudiedandcomparedfromtheeconomicpointofview,especiallytheancient

  peoples,whosedevelopmentliesbeforeusinitstotality。(4。)Wemustnotsimplypraiseorblameeconomicinstitutions;few

  ofthemhavebeensalutaryordetrimentaltoallpeoplesandatallstagesofculture;ratheritisaprincipaltaskofscienceto

  showhowandwhy,outofwhatwasoncereasonableandbeneficent,theunwiseandinexpedienthasoftengraduallyarisen。\"

  OftheprinciplesenunciatedinthisparaphraseofRoscher’swordsaportionofthethirdaloneseemsopentoobjection;the

  economyofancientpeoplesisnotamoreimportantsubjectofstudythanthatofthemoderns;indeed,thequestionofthe

  relativeimportanceofthetwoisonethatoughtnottoberaised。Fortheessentialconditionofallsoundsociologicalinquiry

  isthecomparativeconsiderationoftheentireseriesofthemostcompleteevolutionknowntohistorythat,namely,ofthe

  groupofnationsformingwhatisknownastheOccidentalCommonwealth,or,morebriefly,\"theWest。\"Thereasonsfor

  choosingthissocialseries,andforprovisionallyrestrictingourstudiesalmostaltogethertoit,havebeenstatedwith

  unanswerableforcebyComteinthePhilosophiePositive。GreeceandRomeare,indeed,elementsintheseries;butitisthe

  developmentasawhole,notanyspecialportionsofit,thatSociologymustkeepinviewinordertodeterminethelawsof

  themovement,justas,inthestudyofbiologicalevolution,noonestageofanorganismcanbeconsideredasof

  preponderatingimportance,theentiresuccessionofchangesbeingtheobjectofresearch。OfRoscher’sfurthereminent

  servicesweshallspeakhereafter;heisnowmentionedonlyinrelationtotheoriginofthenewschool。

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