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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... industrial operations are not governed by mere caprice and accident , but by
motives which act extensively and constantly , which may therefore be
discovered and classified , and made to serve as the principles of subsequent
instruments of production , the productiveness of which depends on the same
conditions , and those persons whose share in the products of industry is
governed by the same principles , should , respectively , be placed in the same
But the amount of capital employed in the payment of wages depends , amongst
other causes , on the productiveness of industry in raising the commodities of the
labourer ' s consumption — a circumstance which is equally dependent on the ...
The topic most insisted on by those who controvert it is the superior
productiveness of agricultural industry in the United Kingdom at present , as
compared with that which prevailed in former periods , notwithstanding the
greater amount of ...
... has endeavoured to meet this reasoning by urging , that the conduct of farmers
in resorting to inferior soils after the better qualities have been all taken into
cultivation no more constitutes a proof that industry on the superior soils has