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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 REFINEMENT IN THE ARTS.

pronounced against luxury, and even science; and hence it is that at present we give so ready an assent to them. But the fallacy is easily perceived from comparing different nations that are contemporaries, where we both judge more impartially and can better set in opposition those manners with which we are sufficiently acquainted. Treachery and cruelty, the most pernicious and most odious of all vices, seem peculiar to uncivilized ages; and by the refined Greeks and Romans were ascribed to all the barbarous nations which surrounded them. They might justly, therefore, have presumed that their own ancestors, so highly celebrated, possessed no greater virtue, and were as much inferior to their posterity in honour and humanity as in taste and science. An ancient Frank or Saxon may be highly extolled; but I believe every man would think his life or fortune much less secure in the hands of a Moor or Tartar than in those of a French or English gentleman, the rank of men the most civilized in the most civilized nations.

We come now to the second position which we proposed to illustrate—viz., that as innocent luxury, or a refinement in the arts and conveniences of life, is advantageous to the public, so, wherever luxury ceases to be innocent, it also ceases to be beneficial; and when carried a degree

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