Economic Development in the Scottish Enlightenment: Ideas as Cause and Effect
Dow A & Dow S (2015) Economic Development in the Scottish Enlightenment: Ideas as Cause and Effect. In: Ruziev K & Perdikis N (eds.) Development and Financial Reform in Emerging Economies. SCEME Studies in Economic Methodology, 2. London: Pickering & Chatto, pp. 7-22. http://www.pickeringchatto.com/titles/1732-9781848934580-development-and-financial-reform-in-emerging-economies
The purpose of this paper is to consider why Scottish Enlightenment thought should have generated a particular theory of economic development. We explore the particular context of the Scottish Enlightenment, focusing both on understandings of cultural difference within Scotland, and the particular content of Gaelic culture, as influencing the character of Scottish Enlightenment thought. The specific ideas about economic development in the Scottish Enlightenment period involve further circularity. One of the key arguments was that economic development encourages creativity and ideas, which promote productivity growth. The Enlightenment itself, as a set of ideas, can be seen in part as the outcome of earlier economic development in Scotland, particularly in the form of agricultural improvement. This process of innovation or ‘art', encouraged by the division of labour, applies particularly to the fourth of the stages of economic development: commercialisation (the stages approach being a characteristic feature of Enlightenment thought).
Economic development; Scottish Enlightenment; stages theory
|Title of series||SCEME Studies in Economic Methodology|
|Number in series||2|
|Publisher||Pickering & Chatto|
|Place of publication||London|