Introduction: Politicians and Principles

  • Barry Gordon

Abstract

This is a study of the interaction of economic doctrine, political practice and the train of events during difficult days for the British economy. The period was also a crucial one in the development of economic thought.

Keywords

Corn Depression Income Expense Bark 

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Notes

  1. 1.
    On the post-war years to 1819, consult R. J. White, Waterloo to Peterloo (Harmondsworth: Penguin, 1968).Google Scholar
  2. 2.
    A relevant study is Oliver MacDonagh, A Pattern of Government Growth, 1800–60 (London: MacGibbon &; Kee, 1961).Google Scholar
  3. 3.
    The definitive collection of his works, together with a wealth of biographical information, is Piero Sraffa (in collaboration with M. H. Dobb), The Works and Correspondence of David Ricardo, I–X (Cambridge: Cambridge University Press, 1953–5).Google Scholar
  4. 4.
    Concerning the link between Ricardo’s thought and the appearance of a new style of civil servant, see S. E. Finer, The Life and Times of Sir Edwin Chadwick (London: Methuen, 1952), esp. 19–27.Google Scholar
  5. 6.
    See, e.g., Elie Halévy, The Growth of Philosophic Radicalism (London: Faber, 1952) 340–2.Google Scholar
  6. 7.
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  7. 8.
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  8. 10.
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    Quoted in Ralph W. Hidy, The House of Baring in American Trade and Finance: English Merchant Bankers at Work, 1763–1861 (Cambridge, Mass.: Harvard University Press, 1949) 48.CrossRefGoogle Scholar
  11. 12.
    Mark Blaug, Ricardian Economics (New Haven: Yale University Press, 1958) 150.Google Scholar
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  15. 14.
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    For a more comprehensive account, consult M. Blaug, op. cit. Four more recent studies of relevance are: T. Sowell, Classical Economics Reconsidered (Princeton University Press, 1974);Google Scholar
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  25. 25.
    Cf. Mark Blaug, op. cit., 69–71. The manner in which revision could upset the simple model is explored in P. D. Groenewegen, ‘Three Notes on Ricardo’s Theory of Value and Distribution’, Australian Economic Papers, 11, 18 (June 1972) 53–64.CrossRefGoogle Scholar
  26. 28.
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  27. 31.
    T. De Quincey, The Logic of Political Economy (Edinburgh and London: 1844) 203, 204.Google Scholar
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  29. 34.
    On this issue see S. Hollander, ‘Ricardo’s Analysis of the Profit Rate, 1813–15’, Economica, n.s. 40 (August 1973) 260–82.CrossRefGoogle Scholar
  30. 41.
    See, e.g., J. R. McCulloch, The Principles of Political Economy (Edinburgh and London: 1849) 217.Google Scholar
  31. 44.
    W. Stark (ed.), Jeremy Bentham’s Economic Writings, 1 (London: 1952) 121–90.Google Scholar
  32. 45.
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  33. 47.
    M. Dobb, Theories of Value and Distribution Since Adam Smith (Cambridge University Press, 1973) 66–7.CrossRefGoogle Scholar
  34. 49.
    On the nature and significance of Ricardo’s methodology consult N. B. De Marchi, ‘The Empirical Content and Longevity of Ricardian Economics’, Economica, 37 (August 1970) 257–76.CrossRefGoogle Scholar
  35. 58.
    Cf. P. V. Mini, Philosophy and Economics (Gainesville, 1974) 89–95.Google Scholar

Copyright information

© Barry Gordon 1976

Authors and Affiliations

  • Barry Gordon
    • 1
  1. 1.University of NewcastleAustralia

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