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This volume presents David Hume’s 1752 work, *Political Discourses*, which outlines his foundational principles of political economy. The text includes an autobiographical sketch by the author and an account of his death written by Adam Smith.

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Table of Contents

INTRODUCTION.

by your­self, by your friends, and by the pub­lic, that I trem­bled for its first ap­pearance, but am now much relieved. Not but that the reading of it neces­sarily requires so much attention, and the public is dis­posed to give so little, that I shall still doubt for some time of its being at first very popular. But it has depth and solidity and acuteness, and is so much illustrated by curious facts that it must at last take the public at­ten­tion. It is probably much improved by your last abode in London. If you were here at my fire­side, I should dispute some of your prin­ci­ples. I cannot think that the rent of farms makes any part of the price of pro­duce,​6 but that the price is determined altogether by the quantity and the demand. . . . But these and a hundred other points are fit only to be discussed

Hume, though he “took a particular pleasure in the company of modest women, and had no reason to be displeased with the reception he met with from them,” died unmarried. Adam Smith also died unmarried, “though he was for several years,” according to Dugald Stewart, “attached to a young lady of great beauty and accomplishment.” Hume, in the Essay “Of the Study of History,” speaks of being desired once by “a young beauty for whom I had some passion to send her some novels and romances for her amusement.” David was a “canny” man though. In these circumstances the following playful sally in a letter from Hume to Mrs. Dysart, of Eccles, a relative, may have interest:—“What arithmetic will serve to fix the proportion between good and bad wives, and rate the different classes of each? Sir Isaac Newton himself, {p-xiv} who could measure the course of the planets and weigh the earth as in a pair of scales—even he had not algebra enough to reduce that amiable part of our species to a just equation; and they are the only heavenly bodies whose orbits are as yet uncertain.”

The foregoing are mere glimpses of this truly great man, and are offered with a view to awakening and stimulating amongst general readers a desire for first-hand knowledge of David Hume.

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