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Wealth, Commerce, and Corruption in Hume, Smith, and Ferguson

This List Is By:

Liberty Fund Staff

Liberty Fund, Inc., Indianapolis, Indiana

This reading list is designed to explore the views of Adam Ferguson (1723-1816) on wealth, commerce, and corruption and to compare them with those of David Hume and Adam Smith. Many members of the Scottish Enlightenment thought that increasing wealth and liberty would lead to the improvement of mankind. Others, like Ferguson, were concerned that corruption would be the result and lead to the decline of modern societies. We will be using his book An Essay on the History of Civil Society (1767).

For further reading see:

Table of Contents

  1. Session I: Hume on Commercial Societies
  2. Session II Reading 1: Smith on Nature and Custom
  3. Session II Reading 2: Smith on Nature and Custom
  4. Session III: Ferguson on Nature, Happiness, and the National Greatness
  5. Session IV: Ferguson on Property, Law, and Spontaneous Order
  6. Session IV Reading 2 and Session V Reading I: Ferguson on Progress
  7. Session V Reading 2: Ferguson on Progress
  8. Session VI Reading 1: Ferguson on Corruption
  9. Session VI Reading 2: Ferguson on Corruption