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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

OF COMMERCE.

free and very martial people, may sometimes have no other effect than to render the public more powerful, it is certain that, in the common course of human affairs, it will have a quite contrary tendency. Sovereigns must take mankind as they find them, and cannot pretend to introduce any violent change in their principles and ways of thinking. A long course of time, with a variety of accidents and circumstances, is requisite to produce those great revolutions which so much diversify the face of human affairs. And the less natural any set of principles are which support a particular society, the more difficulty will a legislator meet with in raising and cultivating them. It is his best policy to comply with the common bent of mankind, and give it all the improvements of which it is susceptible. Now, according to the most natural course of things, industry, and arts, and trade increase the power of the sovereign as well as the happiness of the subjects; and that policy is violent which aggrandizes the public by the poverty of individuals. This will easily appear from a few considerations, which will present to us the consequences of sloth and barbarity.

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