Bernard Mandeville and the 'economy' of the Dutch

Erasmus Journal for Philosophy and Economics 1 (1):87-106 (2008)
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Abstract

Studies of Bernard Mandeville by economists and historians ofeconomic thought have focused overwhelmingly on the problem ofsituating his work within the development of the theory of laissez-faireand evaluating his influence on major figures in the ScottishEnlightenment, especially Adam Smith. This paper explores Mandeville’seconomic thought through the lens of a very different transition:England’s rapid growth following the Glorious Revolution and itsgradual eclipse of Dutch economic hegemony. By situating Mandevillewithin an Anglo-Dutch context and carefully examining his commentson the Dutch in Remark Q of The fable of the bees, the paper shows themanner in which Mandeville’s ideas both appropriated lessons fromDutch history and sought to revise ideas about the Dutch current amonghis English contemporaries. The paper thus sheds new light on coreconcepts in Mandeville’s economic thought and permits exploration ofan important moment in the development of political economy

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