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ForewordRamón Tortajada Part I: A Society Without Invisible Hands 1. James Steuart on the Public Good Christopher J. Berry 2. The Sociogenesis of the Modern State in Sir James Steuart's Principles of Political Economy Matari Pierre Manigat 3. James Steuart: Slavery and Commercial Society in his Principles of Political Economy Simona Pisanelli 4. Beyond Montesquieu:Scottish Institutional Legal Thought andSteuart's Spirit of the People Aida Ramos 5. The Notion of Political Economy in Steuart's and Smith's Main WorksFrancis Clavé Part II: Money, Prices, and Production 6. James Steuart on John Law's System: The Beginnings of a Rational Monetary Analysis? Jean Cartelier 7. 'Writings on Money Full of Instruction': Steuart and Ricardo as two squabbling bedfellows Ghislain Deleplace 8. James Steuart: A Modern Approach to the Liquidity and Solvency of Public Debt Nesrine Bentemessek and Rebeca Gomez Betancourt 9. Steuart's Naïve Theory of Money and Credit:A MacroeconomicPerspective Shigeki Tomo 10. Determination of Prices in the Economic Theory of James Steuart From a Modern Classical Perspective Alexander Tobon Part III: Readers and Readings of James Steuart 11. James Steuart Versus Adam Smith: Tempest in a Teapot?Eyüp Özveren 12. Steuart and Davenant on Financing Wars Yutaka Furuya 13. Steuart, A Late Mercantilist? Mauricio C. Coutinho 14. Steuart, Hegel, Chamley: A Case Upon the Nature of 'Influence' Gilles Campagnolo 15. Giovanni Tamassia and the Early Italian Reception of Steuart's Principles of Political EconomyCecilia Carnino

This paper examines James Steuart's explanation of the emergence of commercial nations. Unlike other Scottish thinkers of the time, Steuart argues that artifice is necessary for the rise of commercial societies. He uses the term "artificial" to refer to a devised process, one that is an alternative to the supposedly natural process arising from innate propensities. The system of trade and commerce is an "artifice" created by merchants to obtain benefits, and established by the sovereign for his ostentation and personal prestige, until it became generalized as a commercial nation. Steuart's explanation of the emergence of commercial nations accounts for how individuals become dependent on and subordinate to the public market. This paper concludes that Steuart'sPolitical Œconomypromotes a science of the artificial that seeks to understand the functioning of non-natural mechanisms and to create instruments that the statesman adapts to the needs and objectives of individuals.

La correspondencia de los españoles con los autores de las obras canónicas de la Economía supone una fuente para estudiar la circulación de las ideas y situar de forma más clara el lugar de la ciencia económica en España durante la primera mitad del siglo xix. La relación epistolar con Jeremy Bentham y Jean-Baptiste Say, ambos principales protagonistas de la Economía política clásica, aportan más argumentos para defender la conexión de los autores españoles, sin retraso evidente, con las obras modélicas desde un plano analítico, docente y político. La carta se revela como una etapa superior que sucede a la traducción y a la elaboración de textos económicos propios. Un salto en busca de la excelencia que no parece compatible con la descripción de unas élites intelectuales aisladas y retrasadas. ; The correspondence of the Spanish authors with foreign economists allows us to study the transmission of economic ideas and the place of Economics in Spain during the first half of the 19th century. The epistolary relation with Jean-Baptiste Say and Jeremy Bentham, both principal protagonists of Classical Economics, adds more arguments to defend the connection of the Spanish authors with the canonical works on economic theory, education and economic policy. Here, the letter turns out to be at a higher stage than the translation, or the elaboration of national text on Economics. This leap in search of excellence does not seem compatible with the description of isolated and retarded intellectual elites.

Standard models of the price specie flow do not consider credit. Yet Hume and preceding authors were reacting to the implosion of Law's financial bubble. We delineate the anti-credit thesis contained within the evolution of eighteenth-century balance of payments analyses. A string of eighteenth-century authors argued over whether the balance of payments constituted a binding constraint on credit creation. As part of their analysis they considered how changes in the money supply might alter output, prices, employment, capital, and population. How new money entered the economy was often critical. We start with Law and then consider Melon, Gervaise, Vanderlint, Cantillon, Montesquieu, Hume, Steuart, Forbonnais, and Smith. In closing we pay particular attention to the idea that Hume and Smith effectively displaced preceding, often "mercantilist," analyses of credit and the balance of payments.

This article transcripts and comments on two letters by Adam Smith, and two letters by his correspondent Joseph Nicolas de Windischgrätz. These letters belong to a rather rich and lengthy exchange—which would end at the beginning of 1788—composed of at least sixteen pieces. As with the rest of the correspondence between them, the letters published here refer to the prize proposed by Windischgrätz in 1784–85. The Programme of this prize was looking for general formulas that would normalize all types of property transfer. Adam Smith replied that the great diversity of human customs did not lend itself to such formulas. In spite of his reluctance Smith eventually agreed to help Windischgrätz, but the prize had no winner.