The character and logical method of political economy [NOOK Book]

Overview

This 1857 discussion of economics is, at its heart, both a scientific and a philosophical inquiry. Modern readers may find it striking that unlike current textbooks on the subject, The Character and Logical Method of Political Economy does not deal heavily with mathematical models and formulas. It does not, in fact, deal with them at all.

Cairnes believed that while mathematics could have a place in demonstrating economic truths, it could not discover those truths on its own. ...

See more details below
The character and logical method of political economy

Available on NOOK devices and apps  
  • NOOK Devices
  • Samsung Galaxy Tab 4 NOOK
  • NOOK HD/HD+ Tablet
  • NOOK
  • NOOK Color
  • NOOK Tablet
  • Tablet/Phone
  • NOOK for Windows 8 Tablet
  • NOOK for iOS
  • NOOK for Android
  • PC/Mac
  • NOOK for Windows 8
  • NOOK for PC
  • NOOK for Mac

Want a NOOK? Explore Now

NOOK Book (eBook)
FREE

Overview

This 1857 discussion of economics is, at its heart, both a scientific and a philosophical inquiry. Modern readers may find it striking that unlike current textbooks on the subject, The Character and Logical Method of Political Economy does not deal heavily with mathematical models and formulas. It does not, in fact, deal with them at all.

Cairnes believed that while mathematics could have a place in demonstrating economic truths, it could not discover those truths on its own. Economics is founded upon people, their feelings, and their actions. And that, he believed, could not be further explored by math than it was already being explored by philosophy.

The lectures here introduce fundamental principles of economics. At the time of its writing, these principles were still hotly debated, so Cairnes both explains and offers a defense for his particular views on how markets work, what drives production, and what drives individuals to make the decisions that affect wealth.

Students of economics and anyone with an interest in the subject will find this a greatly informative read.

Irish economist JOHN ELLIOT CAIRNES (1823-1875) is the author of numerous books, including Slave Power (1862) and An Examination into the Principles of Currency (1854).

Read More Show Less

Product Details

  • BN ID: 2940021178761
  • Publisher: New York, Harper & brothers
  • Format: eBook
  • File size: 370 KB

Read an Excerpt


LECTUEE II. OF THE MENTAL AND PHYSICAL PREMISSES OF POLITICAL ECONOMY, AND OF THE LOGICAL CHARACTER OF THE DOCTRINES THENCE DEDUCED. ยง 1. In my last lecture I called attention to the conception of Political Economy formed by the leading writers on the subject in this country, and in particular I took occasion to point out the significance of the words which describe it as the ' Science of Wealth.' We have now reached a point at which it may be well to attempt some more precise determination of its character and scope, and, with a view to this, to consider the position occupied by economic speculation in relation to the two great departments of existencematter and mind. With regard to this aspect of the case the following theory has been advanced by high authorities in this country: " In all the intercourse of man with nature, whether we consider him as acting upon it, or as receiving impressions from it, the effect or phenomenon depends upon causes of two 'kinds: the properties of the object acting, and those of the object acted upon. Everything which can possibly happen,in which man and external things are jointly concerned, results from the joint operation of a law or laws of matter and a law or laws of the human mind. Thus the production of com by human labour is the result of a law of mind, and many laws of matter. The laws of matter are those properties of the soil and of vegetable life which cause the seed to germinate in the ground, and those properties of the human body which render food necessary to its support. The law of mind is that man desires to possess subsistence, and consequently wills the necessary means of procuring it. Laws of mind and laws ofmatter are so dissimilar in their nature, that it would be contrary to all principles of rational arrangemen...
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)