The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Raymond, Daniel (1786–1849)

  • Henry W. Spiegel
Reference work entry


The first American to publish a treatise on economic topics, Raymond was born in Connecticut but made his home in Baltimore, where he practised law. Thoughts on Political Economy (1820) was written to while away the time as the young attorney waited for clients. The book constituted a challenge to classical orthodoxy and as such was warmly received by the protectionists. To make his voice more resounding they tried (without success) to secure Raymond a professorship at the University of Maryland that they were willing to underwrite. Raymond was an original thinker, whose ideas reverberated in the later writings of Frederick List, the historical economists and the 20th-century literature on economic development.


Lauderdale, Eighth Earl of List, F. National system Protectionism Raymond, D. 

JEL Classifications

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  1. Conkin, P.K. 1980. Prophets of prosperity: America’s first political economists. Bloomington: Indiana University Press.Google Scholar
  2. Dorfman, J. 1946. The economic mind in American civilization 1606–1865. New York: Viking.Google Scholar

Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Henry W. Spiegel
    • 1
  1. 1.