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- DescriptionThe classical age of ecomics was marked by an intense interest in scientific methodology. It was, moreover, an age when science and philosophy were t yet distinct disciplines, and the educated were polymaths. The classical ecomists were acutely aware that suitable methods had to be developed before a body of kwledge could be deemed philosophical or scientific. They did t formulate their methodological views in a vacuum, but drew on a rich collection of philosophical ideas. Consequently, issues of methodology were at the heart of political ecomys rise as a science. The classical era of ecomics opened under Adam Smith with political ecomy understood as an integral part of a broader system of social philosophy; by the end, it had emerged via J. S. Mill as a separate science , albeit one still inextricably tied to the other social sciences and to ethics.The Rise of Political Ecomy as a Science opens with a review of the epistemological ideas that inspired the classical ecomists: the methodological principles of Bacon, Descartes, Hobbes, Newton, Locke, Hume, Stewart, Herschel, and Whewell. These principles were influential t just in the development of political ecomy, but in the rise of social science in general. The author then examines science in eighteenth- and nineteenth-century Britain, with a particular emphasis on the all-important concept of induction. Having laid the necessary groundwork, she proceeds to a history and analysis of the methodologies of four ecomist-philosophers--Adam Smith, Robert Malthus, David Ricardo, and J. S. Mill--selected for their historical importance as founders of ecomics and for their common Scottish intellectual lineage. Concluding remarks put classical methodology into a broader historical perspective.
- Author(s)Deborah A. Redman
- PublisherMIT Press Ltd
- Date of Publication01/01/2003
- SubjectEconomics: Professional & General
- Place of PublicationCambridge, Mass.
- Country of PublicationUnited States
- ImprintMIT Press
- Content Noteblack & white illustrations
- Weight817 g
- Width160 mm
- Height231 mm
- Spine35 mm
- Format DetailsTrade paperback (US)
- Interest AgeFrom 18
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