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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With respect to the views advanced in this work , it may be well , in order to
prevent misapprehension , to disclaim at the outset all pretence to the
enunciation of any new method of conducting economic inquiries . My aim , on
the contrary , has ...
With respect to Political Economy , the period of controversy is passing away ,
and that of unanimity rapidly approaching . Twenty years hence there will
scarcely exist a doubt respecting any of its fundamental principles . ” * Five and
much of the instability and vicissitude which have marked the progress of
economic inquiry ; but I do not think they are sufficient to explain the present
vacillating and unsatisfactory condition of the science in respect to fundamental
Now this appears to me to be strikingly the case with respect to those “
differences of principle ” to which I have adverted as at present existing amongst
economists ; and , therefore , I think I cannot better carry out the views of the
liberal founder ...
No one , I think , can peruse much of his book without perceiving ( and the same
remark may be made with respect to most of the French writers on Political
Economy with whose works I am conversant ) that his reasoning on economic ...