Thoughts and Details on Scarcity
"Thoughts and Details on Scarcity, Originally Presented to the Right Hon. William Pitt, in the month of November, 1795" is a memorandum written by the Whig MP
Edmund Burketo the Prime Minister of Great Britain William Pitt the Younger. It was published posthumously in 1800, along with an unfinished letter Burke was writing to the Secretary to the Board of Agriculture, Arthur Young.
In the memorandum Burke claimed that it was not the government's responsibility to provide for the necessities of life and that labour is a commodity which will rise and fall according to the laws of
supply and demand. Whenever people fall on hard times it should be left to private charity rather than state aid to alleviate their suffering. Burke further claimed that the laws of commerce were the laws of nature and therefore the laws of God. He accepted that there were exceptions to these rules and he set out what he believed should be the limits:
That the State ought to confine itself to what regards the State, or the creatures of the State, namely, the exterior establishment of its religion; its magistracy; its revenue; its military force by sea and land; the corporations that owe their existence to its fiat; in a word, to every thing that is "truly and properly" public, to the public peace, to the public safety, to the public order, to the public prosperity.
Samuel Whitbread, a parliamentary ally of Burke's rival Charles James Fox, introduced a Bill on 9 December 1795 to enable magistrates to set minimum wages for agricultural labourers. Burke's letter to Young likely grew out of his opposition to this Bill. [Robert Eccleshall, "English Conservatism since the Restoration" (London: Unwin Hyman, 1990), p. 75.]
* [http://oll.libertyfund.org/Texts/LFBooks/Burke0061/SelectWorks/HTMLs/0005-04_Pt03_Scarcity.html "Thoughts and Details on Scarcity"]
Wikimedia Foundation. 2010.
Look at other dictionaries:
Rousseau (Jean-Jacques) and Burke — Jean Jacques Rousseau and Burke Ian Harris Those who thought about the social and political order directed their attention to a new centre of interest towards the end of the seventeenth century. It was not that speculation about political… … History of philosophy
Business and Industry Review — ▪ 1999 Introduction Overview Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… … Universalium
The Theory and Practice of Oligarchical Collectivism — The Theory and Practice of Oligarchical Collectivism, by Emmanuel Goldstein, is the fictional book that is a thematic and plot element integral to the dystopian novel Nineteen Eighty Four (1949), by George Orwell. In the totalitarian society of… … Wikipedia
History of economic thought — The history of economic thought deals with different thinkers and theories in the field of political economy and economics from the ancient world to the present day. British philosopher Adam Smith is cited by many as the father of modern… … Wikipedia
Edmund Burke — Infobox Philosopher region = Western Philosophy era = 18th century philosophy color = #B0C4DE image caption = Rt. Hon. Edmund Burke name = Edmund Burke birth = January 12, 1729 (Dublin, Ireland) death = Death date and age|1797|7|9|1729|1|12… … Wikipedia
La Richesse des Nations — Recherches sur la nature et les causes de la richesse des nations Richesse des nations Édition de Londres (1776) de la Richesse des nations Auteur Adam Smith Genre économie … Wikipédia en Français
Recherche sur la nature et les causes de la richesse des nations — Recherches sur la nature et les causes de la richesse des nations Richesse des nations Édition de Londres (1776) de la Richesse des nations Auteur Adam Smith Genre économie … Wikipédia en Français
Recherches sur la nature et les causes de la richesse des nations — Richesse des nations Édition de Londres (1776) de la Richesse des nations Auteur Adam Smith Genre … Wikipédia en Français
Richesse des Nations — Recherches sur la nature et les causes de la richesse des nations Richesse des nations Édition de Londres (1776) de la Richesse des nations Auteur Adam Smith Genre économie … Wikipédia en Français
La riqueza de las naciones — Una investigación sobre la naturaleza y causas de la riqueza de las naciones … Wikipedia Español