Ved International Discussion Board

1830s in Economics..

View previous topic View next topic Go down

1830s in Economics..

Post by sujin007 on Thu Dec 06, 2012 7:07 am

Yet it is true that after 1830 a trend toward more sophistication in definition is undeniably visible. Methodological self–examination became a fairly fashionable undertaking.

avatar
sujin007
Eligible
Eligible

Posts : 11545
Join date : 2012-07-06
Age : 23
Location : Putalisadak, Kahmandu

View user profile

Back to top Go down

Re: 1830s in Economics..

Post by sujin007 on Thu Dec 06, 2012 7:08 am

It was in this period that many of the assumptions hitherto implicitly accepted by economists were first brought in to the flash light..

avatar
sujin007
Eligible
Eligible

Posts : 11545
Join date : 2012-07-06
Age : 23
Location : Putalisadak, Kahmandu

View user profile

Back to top Go down

Re: 1830s in Economics..

Post by sujin007 on Thu Dec 06, 2012 7:10 am

Most of the important issues that were to be the subject of methodological controversy over the succeeding century were first given explicit statement.

avatar
sujin007
Eligible
Eligible

Posts : 11545
Join date : 2012-07-06
Age : 23
Location : Putalisadak, Kahmandu

View user profile

Back to top Go down

Re: 1830s in Economics..

Post by sujin007 on Thu Dec 06, 2012 7:12 am

As far as the question of the scope of economics was concerned, discussions treated it as a problem in its own right rather than as one merely introductory to a more important topic.

avatar
sujin007
Eligible
Eligible

Posts : 11545
Join date : 2012-07-06
Age : 23
Location : Putalisadak, Kahmandu

View user profile

Back to top Go down

Re: 1830s in Economics..

Post by sujin007 on Thu Dec 06, 2012 7:13 am

Senior, J. S. Mill, and later Cairnes all devoted careful attention to definition, and so also did many lesser–known economists.

avatar
sujin007
Eligible
Eligible

Posts : 11545
Join date : 2012-07-06
Age : 23
Location : Putalisadak, Kahmandu

View user profile

Back to top Go down

Re: 1830s in Economics..

Post by sujin007 on Thu Dec 06, 2012 7:15 am

At a meeting of the Political Economy Club of London in 1835 the question of the scope of the discipline was put up for discussion. In 1861 Senior proposed a similar question for debate at the club.



avatar
sujin007
Eligible
Eligible

Posts : 11545
Join date : 2012-07-06
Age : 23
Location : Putalisadak, Kahmandu

View user profile

Back to top Go down

Re: 1830s in Economics..

Post by sujin007 on Thu Dec 06, 2012 7:17 am

Moreover this period reflected a significant advance in the actual approach taken to the task of setting forth the nature of the economic.

avatar
sujin007
Eligible
Eligible

Posts : 11545
Join date : 2012-07-06
Age : 23
Location : Putalisadak, Kahmandu

View user profile

Back to top Go down

Re: 1830s in Economics..

Post by sujin007 on Thu Dec 06, 2012 7:19 am

As will be seen in the subsequent chapters of this essay, writers after 1830 began to rebel against the more extremely objective view of it as the science of wealth that the earlier classical economists had generally held.

avatar
sujin007
Eligible
Eligible

Posts : 11545
Join date : 2012-07-06
Age : 23
Location : Putalisadak, Kahmandu

View user profile

Back to top Go down

Re: 1830s in Economics..

Post by sujin007 on Thu Dec 06, 2012 7:20 am

To several writers after 1830 it was becoming increasingly evident that what they were investigating was not so much a set of objective phenomena whose common denominator was wealth as the phenomena resulting from the wealth–oriented actions of men.

avatar
sujin007
Eligible
Eligible

Posts : 11545
Join date : 2012-07-06
Age : 23
Location : Putalisadak, Kahmandu

View user profile

Back to top Go down

Re: 1830s in Economics..

Post by sujin007 on Thu Dec 06, 2012 7:22 am

What the fundamental characteristic of such actions was, and what the precise balance to be maintained in political economy between the facts of human nature and those of the external world should be, were the subjects of lively discussion.

avatar
sujin007
Eligible
Eligible

Posts : 11545
Join date : 2012-07-06
Age : 23
Location : Putalisadak, Kahmandu

View user profile

Back to top Go down

Re: 1830s in Economics..

Post by sujin007 on Thu Dec 06, 2012 7:23 am

But the first step had been taken along the road toward emancipating economics from its ties to wealth and material welfare.


avatar
sujin007
Eligible
Eligible

Posts : 11545
Join date : 2012-07-06
Age : 23
Location : Putalisadak, Kahmandu

View user profile

Back to top Go down

Re: 1830s in Economics..

Post by sujin007 on Thu Dec 06, 2012 7:25 am

It was in this period too that one of the earliest denials of a specifically economic side of affairs was put forward by Comte. Any such separation was “irrational” and evidenced the “metaphysical” character of economics.

avatar
sujin007
Eligible
Eligible

Posts : 11545
Join date : 2012-07-06
Age : 23
Location : Putalisadak, Kahmandu

View user profile

Back to top Go down

Re: 1830s in Economics..

Post by sujin007 on Thu Dec 06, 2012 7:27 am

An early discussion of Comte's views on economics is J. E. Cairnes' “M. Comte and Political Economy,” in Essays in Political Economy (London, 1873).



avatar
sujin007
Eligible
Eligible

Posts : 11545
Join date : 2012-07-06
Age : 23
Location : Putalisadak, Kahmandu

View user profile

Back to top Go down

Re: 1830s in Economics..

Post by Sponsored content


Sponsored content


Back to top Go down

View previous topic View next topic Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum