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I have a section in a new book that I am preparing for Duke University
Press, The Invention of Capitalism, of all the people who used Sir James
Steuart without attribution, Adam Smith included. In one letter, Smith
wrote, "I have the same opinion of Sir James Steuarts [sic] book that you
have. Without mentioning it, I flatter myself that any fallacious
principle in it will meet a clear and distinct confutation in mine"
(Mossner and Ross 1977, pp. 163-64; Rae 1895, pp. 253-54).
Of course, he did not merely refute Steuart profited from him.
Michael Perelman
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