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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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.
(Typographical errors above are due to OCR software and don't occur in the book.)
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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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Paperback. Etat : New. Print on Demand. This book is an analysis of the Ricardian rent theory in the context of early American economics. The author traces how the concept was perceived and discussed by American economists, revealing their unique perspectives shaped by the economic and social climate of the time. The book delves into the debates and differing interpretations of rent, highlighting the influence of the broader environment on economic thought. It examines how American economists diverged from the classical Ricardian view, challenging assumptions and offering alternative explanations. The author argues that these early American economists made significant contributions to the development of economic theory and laid the groundwork for subsequent debates on rent and other foundational economic concepts. This book provides a valuable historical account and analysis, shedding light on the evolution of economic thought in the United States. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781330157770_0
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PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330157770
Quantité disponible : 15 disponible(s)