Causes Of World War I 3 :: essays research papers
Essay on Causes of the First World War ..
Experience shows that a general belief in the beneficence of the economic working of self-interest is not always sufficient to make even a person of more than average intelligence a free-trader. Consequently it would be rash to suppose that Smith's disbelief in the mercantile system was merely the natural outcome of his general belief in economic freedom. Dugald Stewart's quotations from his paper of 1755 do not contain anything to show that he was pouring contempt on the doctrine before he left Edinburgh and in his early years at Glasgow. It seems very likely that the reference in the lectures to Hume's 'essays showing the absurdity of these and other such doctrines' is to be regarded as an acknowledgment of obligation, and therefore that it was Hume, by his on Money and the Balance of Trade in 1752, who first opened Adam Smith's eyes on this subject. The probability of this is slightly increased by the fact that in the lectures the mercantile fallacies as to the balance of trade were discussed in connexion with Money, as in Hume's instead of in the position which they would have occupied if Smith had either followed Hutcheson's order, or placed them among the causes of the 'slow progress of opulence'. It is, too, perhaps, not a mere coincidence that while both Hume in the in 1752 and Smith in his lectures ten years later rejected altogether the aim of securing a favourable balance of trade, Hume still clearly believed in the utility of protection for home industries, and Smith is at any rate reported to have made a considerable concession in its favour.
Causes of World War One Free Short Essay Example
The immediate cause of the World War I was the June 28, 1914 assassination of Archduke Franz Ferdinand, heir to the Austro-Hungarian throne, by Gavrilo Princip, a Bosnian Serb citizen of Austria-Hungary and member of the Black Hand.