The Economic Writings of Sir William Petty

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The Economic Writings of Sir William Petty
EconomicWritingsPetty1899vol1Title.png
Editor Charles Henry Hull
Author William Petty
CountryUnited Kingdom
LanguageEnglish
Genrecollected works
Publisher Cambridge University Press
Publication date
1899
Pages411+412
OCLC 803827975
Text The Economic Writings of Sir William Petty at Wikisource

The Economic Writings of Sir William Petty is a book with texts, written by William Petty (1623-1687), and published in 1899 by Charles Henry Hull (1864-1936), in two volumes. The Economic Writings were published together with an introduction about the life and work of William Petty, and did also contain Natural and Political Observations upon the Bills of Mortality, by John Graunt.

Contents

This edition of the economic texts of William Petty, the scientist, who is often been called the founder of political economy, [1] is used as a reference work ever since its publication. [2]

Apart from the extensive collection of written publications by William Petty (and John Graunt), the general introduction to the life and work of Petty and Graunt, and the short introductions to the separate texts, it also contained the first extensive bibliography of the writings of Petty and Graunt.

Bibliographical information

Petty, William (1899). Hull, Charles Henry (ed.). The Economic Writings of Sir William Petty; together with the Observations upon the Bills of Mortality, more probably by Captain John Graunt  . Cambridge: Cambridge University Press. OL   4007495W. OCLC   803827975 via Wikisource. in 2 vols. (411 + 412 pgs.) [3]

The book has been reprinted several times, for instance in 1963/4, [4] in 1986 [5] and in the "Collected Works" of 1997. [6]

Volume 1

Vol. 1 contains:

Sir William Petty. Mezzotint by J. Smith (1696), after J. Closterman Sir William Petty. Mezzotint by J. Smith, 1696, after J. Clo Wellcome V0004638.jpg
Sir William Petty. Mezzotint by J. Smith (1696), after J. Closterman

Volume 2

Vol. 2 of The Economic Writings of Sir William Petty contains:

Introduction(s) by Charles Henry Hull

The book opens with an 'Introduction' by the editor, Charles Henry Hull, which gives biographic information on Petty and Graunt, and an extensive recapitulation of the debate concerning the authorship of the "Observations upon the Bills of Mortality".

The biography of Petty (p. xiii- xxxiii) is among many other sources, based on some early publications, like the Athenae Oxoniensis by Anthony Wood (published 1691), Petty's will, first published in the Tracts relating chiefly to Ireland (first published 1769), [13] the Brief Lives of John Aubrey, [14] on Petty's History of the Down Survey (published 1851 by Thomas Aiskew Larcom for the Irish Archaeological Society) and on the Life of Sir William Petty 1623 - 1687 by Lord Edmond Fitzmaurice (published 1895).

The second section of the 'Introduction' (p. xxxiv-xxxviii) gives a short biography of John Graunt, the author of the Observations upon the Bills of Mortality (first published 1662).

Hull spends quite some space [15] on a detailed investigation of "the authorship of the Observations upon the Bills of Mortality". There are certain grounds for assigning the authorship of the Observations to William Petty. Some contemporaries of Petty have given rise to the idea that Petty was the author, like John Evelyn, John Aubrey, Edmund Halley and Bishop Gilbert Burnet. But there are also a number of contemporary testimonies in favour of Graunt. In the first place by Petty himself, in two letters to Sir Robert Southwell, but also by Sir Peter Pett. The final conclusion of Hull is that Graunt was definitely the author of the Observations. [16]

After a short section on Petty's letters and other manuscripts, the 'Introduction' gives an overview of the whole body of economic writings of Petty.

The 'Introduction' finishes with two sections on Graunt and the (London) Bills of Mortality.

Most of the separate texts in the Economic Writings also have an introduction by Hull.

About the economic writings of Petty

A year after the publication of The Economic Writings, in 1900, in an article in The Quarterly Journal of Economics entitled 'Petty's Place in the History of Economic Theory', [17] Hull proposed a division of the economic writings of Petty in three 'chronological' groups:

and finally the "pamphlet":

Critical reception

Soon after the publication of The Economic Writings a couple of reviews were written. James Laurence Laughlin published a short review in the Journal of Political Economy in 1899, in which he wrote that Hull's edition of Petty's writings "is done with an erudition, accuracy, intelligence, and thoroughness which leave nothing to be desired." [21]

Footnotes

  1. See for instance: David Mc. Nally (1990) – Political Economy and the Rise of Capitalism. Berkeley : University of California Press, p. 35 (accessed 2018-02-14). ….. etc.
  2. The Economic Writings of Sir William Petty is for instance referred to in: Kühnis (1960) , p. viii f (Kühnis doesn't refer to Hull on any place in his dissertation), O'Brien (1975) , p. 49, Roll (1973) , p. 100f, Klant (1988) , p. 182, Hutchison (1988) , p. 30f (Hutchison cites the Economic Writings as: Hull, 1899).
  3. Available online at Wikisource-logo.svg Wikisource and also:
  4. Reprint 63/4: OCLC   503695292; vol. 1 reprint 1963: OCLC   310115489; vol. 2 reprint 1964: OCLC   310115491.
  5. Reprint 1986: OCLC   489761482.
  6. Reprint 1997: OCLC   833675800.
  7. Wikisource-logo.svg Wikisource: 'Introduction' by C.H. Hull.
  8. Wikisource-logo.svg A Treatise of Taxes and Contributions (first published 1662).
  9. Wikisource-logo.svg Verbum Sapienti (first published 1691).
  10. Wikisource-logo.svg The Political Anatomy of Ireland (first published 1691).
  11. Wikisource-logo.svg Political Arithmetic (first published 1690).
  12. Translation after Strathern (2001).
  13. The autobiographical part of Petty's will is published in Bevan 1894: chapter I: Materials for Petty's Biography.
  14. Aubrey's biography of Petty is published in Bevan 1894: chapter I: Materials for Petty's Biography.
  15. p. xxxix – liv, a complete chapter
  16. This chapter is a revised edition of an article, earlier published (Hull (1896).
  17. Hull (1900) , p. 310f See also Hutchison (1988) , p. 29
  18. Hutchison (1988) , p. 29
  19. Economic writings (1899) says [1664].
  20. Economic writings (1899) says [1672].
  21. Laughlin (1899), p. 121.

Bibliography

Bevan, Wilson Lloyd (1894). "Sir William Petty: A Study in English Economic Literature"  . Publication of the American Economic Association. IX (4): 1–102. OCLC   615596640 via Wikisource.

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