Between the death of Ricardo in 1823 and the publication of J.S. Mill's Principles of Political Economy (1848) there flourished a generation of minor but occasionally highly original English economists. Chief amongst these were Ramsay McCulloch, Nassau Senior and Robert Torrens.
McCulloch was Ricardo's most zealous disciple and was perhaps more responsible than anyone for Ricardo's enormous influence, which he propagated through a series of newspaper articles and pamphlets. He was also the originator of much new and important research about the British Economy and his Discourse on the Rise of Political Economy (1824) was virtually the first attempt in any language to project a formal history of Economic Doctrines. Robert Torrens was to produce almost 100 books and pamphlets in a lifespan of 84 years. In his own time he was renowned for his work on banking and currency, but he is also notable for discovering the law of diminishing returns at the same time as Ricardo, Malthus and West. Nassau Senior, twice Drummond Professor of Political Economy at Oxford, made significant, if highly individualistic, contributions to the theories of value, rent, population, money and international trade. Throughout the 1830s he was active as a policy maker on behalf of the Whig Party and served on four Royal Commissions, including the Poor Laws 1834 and the Factory Acts 1837.
This careful selection of articles brings home the central place that these thinkers occupy within English Classical Political Economy.
| ISBN: | 9781852784799 |
| Publication date: | 1st January 1991 |
| Author: | Mark Blaug |
| Publisher: | Edward Elgar Publishing |
| Format: | Hardback |
| Pagination: | 302 pages |
| Series: | Pioneers in Economics |
| Genres: |
Economic theory and philosophy |
Between the death of Ricardo in 1823 and the publication of J.S. Mill's Principles of Political Economy (1848) there flourished a generation of minor but occasionally highly original English economists. Chief amongst these were Ramsay McCulloch, Nassau Senior and Robert Torrens.
McCulloch was Ricardo's most zealous disciple and was perhaps more responsible than anyone for Ricardo's enormous influence, which he propagated through a series of newspaper articles and pamphlets. He was also the originator of much new and important research about the British Economy and his Discourse on the Rise of Political Economy (1824) was virtually the first attempt in any language to project a formal history of Economic Doctrines. Robert Torrens was to produce almost 100 books and pamphlets in a lifespan of 84 years. In his own time he was renowned for his work on banking and currency, but he is also notable for discovering the law of diminishing returns at the same time as Ricardo, Malthus and West. Nassau Senior, twice Drummond Professor of Political Economy at Oxford, made significant, if highly individualistic, contributions to the theories of value, rent, population, money and international trade. Throughout the 1830s he was active as a policy maker on behalf of the Whig Party and served on four Royal Commissions, including the Poor Laws 1834 and the Factory Acts 1837.
This careful selection of articles brings home the central place that these thinkers occupy within English Classical Political Economy.
Ramsay McCulloch (1789–1864), Nassau Senior (1790–1864) and Robert Torrens (1780–1864) features in the following genres: Economic theory and philosophy
Ramsay McCulloch (1789–1864), Nassau Senior (1790–1864) and Robert Torrens (1780–1864) is available in Hardback
Ramsay McCulloch (1789–1864), Nassau Senior (1790–1864) and Robert Torrens (1780–1864) was written by Mark Blaug and published by Edward Elgar Publishing
Ramsay McCulloch (1789–1864), Nassau Senior (1790–1864) and Robert Torrens (1780–1864) has 302 pages
Yes it is part of Pioneers in Economics series