The Character and Logical Method of Political Economy
W. McGee, 1869 - 184 頁
The work on the “Character and Logical Method of Political Economy” may be recommended to students as a safe guide to help them through the mazy labyrinths which the earlier stages of the study present. The purpose of the work is to ascertain the true relation of Political Economy to the Physical Sciences on the one hand, and to the Moral Sciences on the other, both as regards method and compass. The supporters and opponents of Political Economy have each done it injustice by misapprehending its aims and limits. The study, as Professor Cairnes points out and explains with inimitable clearness, does not consist in an investigation into the causes of physical facts or the evolution of psychological processes. Political Economy begins at the point at which physical science and psychological science each end.
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... therefore , I think I cannot better carry out the views of the liberal founder of this
chair , than by availing myself of the opportunity which the opening of this course
affords of considering at some length the nature , object , and limits of economic.
... society - consists in this , that even where the subjectmatter of the two inquiries
is identical , even where the facts which they consider are the same , yet the
relations and aspects under which these facts are viewed are essentially different
... to them to consider the expediency of its application in any given contingency .
I believe too that , even with a view to making converts to practical measures , it is
the more expedient course to keep distinct the discussion of general principles ...
... Economy does not find a place under either category . Neither mental nor
physical nature forms the subject - matter of the investigations of the political |
economist . He does not consider the laws according to which physical
phenomena take ...
Let us consider , for example , the causes which determine the rate of wages . ...
as possessing value ; and it is in their complex character , as physical objects
invested with the attribute of value , that the political economist considers them .