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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... Ricardo , and Mill are the most distinguished names ; and from the character
thus ascertained to deduce the logical method appropriate thereto ; while I have
sought further to fortify the conclusions to which I have been led , by the analogy
... and classified , and made to serve as the principles of subsequent deductions .
I shall further * See particularly Whately ' s Introductory Lectures on Political
Economy . take it for granted that a knowledge of these laws ECONOMIC
... it may be applied ; and , further , that this knowledge is more likely to be
obtained by careful and systematic inquiry than by what is called the common
sense of practical men - another name for the crude guesses of unmethodized
Again , by drawing the line broadly between theory and practice , this further
advantage is gained : Political Economy ceases to be burdened with the various
schemes and nostrums , financial and political , of its adherents , the confounding
But it is said that Political Economy considers the problem no further than as it
depends on the action of the human mind . The food and clothing which the
labourer consumes have , no doubt , physical properties , as the labourer himself
has a ...