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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... classified on a different principle . If our object , for example , were to discover
the laws of the production and distribution of wealth , those instruments of
production , the productiveness of which depends on 12 CHARACTER AND
Now the introduction into economic discussions of such considerations as those
to which I have adverted in the example given from M . Say , appears to me to be
an error of precisely the same kind as that which was committed by the ancient ...
Let us consider , for example , the causes which determine the rate of wages .
This , it will be admitted on all hands , is an economic problem . It is evident that
the objects which the labourer receives are material objects , but those material ...
... for example , were so strengthened at the expense of self - love , that human
beings should refuse to avail themselves , at the expense of their neighbours , of
those special advantages with which nature or fortune may happen to invest
Thus , to take an example from Political Economy , rent is a complex
phenomenon , arising ( as has been already intimated ) from the play of human
interests when brought into contact with the actual physical conditions of the soil ,
in relation to ...