Popularizing Classical Economics

Popularizing Classical Economics analyzes the theoretical contributions of two British Economists, Henry Brougham and William Ellis, and describes how they popularized economic ideas from the early 1800s through the 1860s. Efforts to spread economic ideas to the lay public have been little studied and few individuals have been recognized for their efforts. This book traces the efforts of Brougham and Ellis to spread classical economic ideas through education of both adults and children.

Jane Marcet is not writing for the working classes, but for women and men of the educated classes of the nineteenth century. She draws her principles and materials from the writings of the great masters who have written about political economy, particularly Adam Smith, Th omas Robert Malthus, Jean-Baptise Say, Jean Charles Luonard de Sismondi, and David Ricardo.Marcet consolidates the ideas of bankers as well as professional political economists. She makes their ideas accessible, not only to the young people she identifi es as her audience in the book's preface, but also to the middle classes--political actors and business people. She challenges the English classical school to take seriously the ideas of continental economists by inserting those ideas into a popular book.Marcet maintains distance from some of the central tenets of classical economics, but engages in conversation with its masters. Sometimes she accepts criticism of their ideas, but at other times she keeps her own counsel. The ideas of the masters will be immediately identifi able to those for whom political economy is not new, although a few of their more abstruse questions and controversies have been omitted. When the soundness of a doctrine appears well established, Marcet presents it conscientiously. Evelyn L. Forget's well written introduction describes the life and background of the author as well as the book's history, bringing this timeless classic into the twenty- first century.

The Classical Tradition in Economic Thought demonstrates that classicism, in all its many faces, is not only alive but generating an ongoing flow of interpretative literature which will be of interest to students and scholars concerned with economic theory and the history of economic thought as well as the heterodox schools in modern economics.

Economic theory reached its zenith of analytical power and depth of understanding in the middle of the nineteenth century among John Stuart Mill and his contemporaries. This book explains what took place in the ensuing Marginal Revolution and Keynesian Revolution that left economists less able to understand how economies operate. It explores the false mythology that has obscured the arguments of classical economists, providing a pathway into the theory they developed.

Hollander investigates the relation of Malthusian economics to that of the other great classicists - particularly Smith, Ricardo, J.B. Say, and the French physiocrats. He redefines our common perception of Malthus's method and character.

In this discipline-defining volume, some of the leading international scholars in the history of economic thought re-examine the concepts of 'classical economics' and the 'canon', illuminating the roots and evolution of the contemporary discipline.