The Ricardian Rent Theory in Early American Economics (Classic Reprint) - Couverture souple

John Roscoe Turner

 
9781330157770: The Ricardian Rent Theory in Early American Economics (Classic Reprint)

Synopsis

Excerpt from The Ricardian Rent Theory in Early American Economics

If we speculate upon an explanation Of this neglect, two reasons suggest themselves. The first is the poor estimate of the learning and equipment Of the early American economists in comparison with their English contemporaries; the second is the dominance Of the Ricardian economics in America, especially after J. S. Mill's work gave it a new appeal and a new vogue among American readers. Perhaps these are but two aspects Of the same reason.

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Présentation de l'éditeur

American economists which are surveyed in this study have been strangely neglected by the later generations of American students. The article by Professor C. F. Dunbar, published inT heN orth American Review m1876, is the only previous American essay purporting to treat the subject. But Dunbar sarticle consisted almost entirely of a description of American conditions as explaining what he declared to be the utter sterility of American economic literature. The brief portion in which he spoke of writers is hardly more than a catalogue of names and titles compiled from previous reviews. Certainly in some cases, as Doctor Turner shows, and possibly in most, Dunbar was unacquainted with the originals. Even if he had read the books, he, as a representative of the classical school (which he believed had arrived at ultimate truths within the limits of its hypotheses), was not qualified to render a just estimate of the theories in question, however competent he was in the field of money and banking. Forty years have passed, and is it not indeed remarkable that our generation of economic students, so thoroughly grounded otherwise in the worlds literature of economics, should know little or nothing of these, our own, writers, and most of that little through Dunbar ssuperficial and condemnatory Article or through chance and usually disparaging references in the writings of English economists? That the American economists of 1S ee his article inT he Quarterly Journal of Economic, I, 1, 1886.
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Forgotten Books is a publisher of historical writings, such as: Philosophy, Classics, Science, Religion, History, Folklore and Mythology.

Forgotten Books' Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to acc

Présentation de l'éditeur

Originally published in 1921. This volume from the Cornell University Library's print collections was scanned on an APT BookScan and converted to JPG 2000 format by Kirtas Technologies. All titles scanned cover to cover and pages may include marks notations and other marginalia present in the original volume.

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