Commerce as Cooperation with the Deity: Self-Love, the Common Good, and the Coherence of Francis Hutcheson

European Journal for the History of Economic Thought (forthcoming)

30 Pages Posted: 4 Jan 2023 Last revised: 9 Mar 2023

See all articles by Erik W. Matson

Erik W. Matson

Mercatus Center at George Mason University

Date Written: March 8, 2023

Abstract

There has been a longstanding debate over the coherence of Hutcheson’s writings. Hutcheson’s writings on ethics have been taken as inconsistent with his work on jurisprudence and economics. This article argues that Hutcheson’s works are coherent when situated in theological context. We find across Hutcheson’s works a belief that God has benevolently designed the natural order. Hutcheson’s later works outline the rules by which we make our efforts to serve the common good effective in practice. The article contributes to our appreciation of the relationship between theology and the idea of mutual benefits in the history of economic thought.

Keywords: Francis Hutcheson, self-love, the division of labor, property, divine providence

JEL Classification: B12, B31

Suggested Citation

Matson, Erik W., Commerce as Cooperation with the Deity: Self-Love, the Common Good, and the Coherence of Francis Hutcheson (March 8, 2023). European Journal for the History of Economic Thought (forthcoming), Available at SSRN: https://ssrn.com/abstract=4312256 or http://dx.doi.org/10.2139/ssrn.4312256

Erik W. Matson (Contact Author)

Mercatus Center at George Mason University ( email )

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Arlington, VA 22201
United States

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