Rethinking Burke and Smith: political economy and foundations of industry

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2 Citations (Scopus)

Abstract

The traditional interpretation of Burke’s political economy emphasised his defense of free trade, and his intellectual relationship with Smith has also been the centre of scholarly attention. This article attempts a systematic comparison between Burke and Smith and shows in detail how Burke’s concern with political stability, a great source of his economic thinking, helped distinguish his political economy from that of Smith’s. Burke was especially concerned with the link between the conservation of manners and social development. The differences between Burke and Smith suggest their economic thought could be read in distinct contexts of Enlightenment thought.

Original languageEnglish
Pages (from-to)82-103
Number of pages22
JournalEuropean Journal of the History of Economic Thought
Volume29
Issue number1
DOIs
Publication statusPublished - 2022
Externally publishedYes

Keywords

  • Enlightenment
  • Political stability
  • betterment
  • jealousy of trade
  • manners

ASJC Scopus subject areas

  • General Arts and Humanities
  • Economics, Econometrics and Finance (miscellaneous)
  • History and Philosophy of Science

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