Portrait of Thomas Hodgskin

Quotes by Thomas Hodgskin

1787 – 1869

Thomas Hodgskin (1787-1869) was an officer in the British Navy before leaving because of his opposition to the brutal treatment of sailors. He worked for the free trade magazine The Economist and wrote and lectured on laissez-faire economic ideas to working men’s institutes.

Bio

He was one of the earliest popularizers of economics for audiences of non-economists and gave lectures on free trade, the corn laws, and labor even before Jane Haldimand Marcet. Hodgskin passionately cared about the concerns of laborers after his experience with the maltreatment of sailors. His discussions of the labor theory of value followed up on David Ricardo and pre-dated John Stuart Mill’s expositions on similar themes. He was later cited by Karl Marx and Frederick Engels in Marx’s Capital. He is commonly, though incorrectly, referred to as a Ricardian socialist.

Titles

War & Peace

Thomas Hodgskin on the Suffering of those who had been Impressed or Conscripted into the despotism of the British Navy (1813)

Thomas Hodgskin

Taxation

Thomas Hodgskin noted in his journey through the northern German states that the burden of heavy taxation was no better than it had been under the conqueror Napoleon (1820)

Thomas Hodgskin

Property Rights

Thomas Hodgskin argues for a Lockean notion of the right to property (“natural”) and against the Benthamite notion that property rights are created by the state (“artificial”) (1832)

Thomas Hodgskin

Presidents, Kings, Tyrants, & Despots

Thomas Hodgskin wonders how despotism comes to a country and concludes that the “first step” taken towards despotism gives it the power to take a second and a third - hence it must be stopped in its tracks at the very first sign (1813)

Thomas Hodgskin

Property Rights

Thomas Hodgskin on the futility of politicians tinkering with bad laws when the whole political system needed to be changed (1832)

Thomas Hodgskin