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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My aim , on the contrary , has been to bring back the discussions of Political
Economy to those tests and standards which were formerly considered the
ultimate criteria of economic doctrine , but which have been completely lost sight
of in ...
Political Economy is the science , which , accepting as ultimate facts the
principles of human nature and the physical laws of the external world ,
investigates the laws of the production and distribution of wealth which result
from their combined ...
... capital , and labour respectively perform in the creation of the ultimate product .
Thus the distinct economic laws which regulate the distribution of wealth amongst
the proprietors of these three productive agencies are confounded , in order to ...
These definitions were as follows , viz . , “ the science , which , accepting as
ultimate facts the principles of human nature , and the physical laws of external
nature , investigates the laws of the production and distribution of wealth which
The premises , or ultimate facts , of Political Economy being thus drawn alike from
the world of matter and from that of mind , it remains that I should indicate the
character of those facts , physical and mental , which are to be regarded as ...