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A review of economic theory by Edwin Cannan

By Edwin Cannan

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Sample text

Long ago, in his Edinburgh lectures of 175o-1, he had preached the doctrine that things should be left to Nature, and that peace, low taxation and good administration of justice were all that was wanted for economic progress, and throughout his tenure of the Glasgow chair he had always denounced the restrictions imposed by the mercantile system, and had held up all sorts of exclusive privileges as impediments to the progress of opulence. In this province he had little to learn from the physiocrats, though to find them so entirely on his side must have confirmed him in his view.

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1 Early in the following year he was made Professor of Anatomy, and at once obtained leave of absence for two years, before the end of which he was appointed Physician-General to the Army in Ireland, but soon took in hand the Down Survey for the forfeited lands. , With several intersperst Discourses and Digressions concerning Warres, The Church, Universities, Rents and Purchases, Usury and Exchange, Banks and Lombards, Registries for Conveyances, Beggars, Ensurance, Exportation of Money, Wool, Free-Ports, Coins, Housing, Liberty of Conscience, &c.

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