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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... most important duties of life as those of Political Economy , should ever be
carried on with the same pure and disinterested regard to truth as discussions in
mathematics or astronomy , in which no human interests are immediately
I also observed that , while agreeing substantially in the views , as regards the
nature and limits of the science , of those who propounded this definition , yet the
language of the definition did not appear to me correctly to represent those views
... profits would have no tendency permanently to fall , and population in the
oldest countries might advance as rapidly as in the newest colonies . I am
therefore disposed to regard Political Economy as belonging neither to the
department of ...
He regards them both as facts , not to be analyzed and explained , but to be
ascertained and taken account of ; not as the subject - matter , but as the basis of
his reasonings . If further information be desired , recourse must be had to other ...
But the strangeness of the results of an hypothesis gives no warning . We expect
them to differ from what we observe , and lose , therefore , this incidental means
of testing the correctness of our reasoning . " * With regard to the criticisms on ...