Die Lokal- und Mittelbanken der Schweiz

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Monograph

Identifikator:: 885200373

URN:: urn:nbn:de:zbw-retromon-11321

Document type:: Monograph

Author:: Wetter, Ernst http://d-nb.info/gnd/1051891450

Title:: Die Lokal- und Mittelbanken der Schweiz

Place of publication:: Zürich

Publisher:: Orell Füssli

Year of publication:: 1914

Scope:: 1 Online-Ressource (114 Seiten)

Digitisation:: 2017

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: V. Die Sicherheit und die Liquidität

Collection:: Economics Books

16 POLITICAL ECONOMY somewhat anticipated. Before the assault on political economy came to a head, Senior and the younger Mill had succeeded Ricardo. The elder Mill and Malthus—in part discoverer, in part inventor of the “ revolting ratios ” between food and population, the fundamental notion of which, nevertheless, contained “ a very valuable discovery, or ‘ like the toad, ugly and venomous, had yet a precious jewel in its head,’ ” as Hazlitt unflatteringly put it—these two had worked contemporaneously, partly in collaboration and partly in rivalry with Ricardo, on the general principles of economic science ; and to them, as well as to him, an important step in its development must be attributed. John Stuart Mill improved wonderfully on Ricardo and wrote a treatise to which little exception could be taken on humanitarian grounds, but the public notion of what political economy taught had already been created and its dissemination was continuing. Nevertheless we can hardly ascribe anything path-breaking in the progress of economics to Mill. His most important contribution, perhaps, was to put together, develop, extend and combine in a coherent system the ideas of the school in which he had been brought up, and at the same time somewhat to soften their outlines. But to do this a master mind

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