Author: Henry Dunning Macleod

Publisher: Forgotten Books

Published: 2017-12-24

Total Pages: 714

ISBN-13: 9780484668583

Excerpt from The History of Economics Highly as we may esteem the great Economists of this and other countries, it is essential to remember the character Of the great Economical contests up to the present time. They have been almost entirely destructive. The first Economists found the public mind and the administration infected with an immense mass of rooted prejudices, errors, and abuses. Their first efforts were, therefore, naturally directed to sweep these away; to beat down and abolish false doctrines of all sorts; to extirpate bad and mischievous laws interfering with the natural order of things; to abolish legislative interference with wages, with prices, with the interest of money, and with the commercial intercourse of nations; to establish, in fact, freedom of contract and exchange. And in this Economists Of'all nations are agreed. The repeal of the Corn and Navigation Laws in England may be regarded as the consummation of the destructive era of Economical Science in' this country. We have now arrived at a new and distinct phase of the Science; that, in fact, at which the period Of destruction has ended, and that of construction has come. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.