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Economic essays

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fullscreen: Economic essays

Monograph

Identifikator:
1753623200
URN:
urn:nbn:de:zbw-retromon-136107
Document type:
Monograph
Title:
Economic essays
Place of publication:
New York
Publisher:
Macmillan
Year of publication:
1927
Scope:
viii, 368 S.
Ill., graph. Darst.
Digitisation:
2021
Collection:
Economics Books
Usage license:
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Chapter

Document type:
Monograph
Structure type:
Chapter
Title:
The early teaching of economics in the United States / Edwin R.A. Seligman
Collection:
Economics Books

Contents

Table of contents

  • Economic essays
  • Title page
  • Contents
  • John Bates Clark as an economist / Jacob H. Hollander
  • Static economics and business forecasting / Benjamin M. Anderson, Jr.
  • The enterpreneur and the supply of capital / George E. Barnett
  • The malthusiad fantasia economica / James Bonar
  • The static state and the technology of economic reform / Thomas Nixon Carver
  • The relation between statics and dynamics / John Maurice Clark
  • Elasticity of supply as a determinant of distribution / Paul H. Douglas
  • Land economics / Richard T. Ely
  • Clark's reformulation of the capital concept / Frank A. Fetter
  • A statistical method for measuring "marginal utility" and testing the justice of a progressive income tax / Irving Fisher
  • Alternatives seen as basic economic facts / Franklin H. Giddings
  • Les cooperatives dans les pays latins un probléme de géographie sociale / Charles Gide
  • The farmers' indemnity / Alvin S. Johnson
  • Eight-hour theory in the american federation of labor / Henry Raymond Mussey
  • The holding movement in agriculture / Jesse E. Pope
  • The early teaching of economics in the United States / Edwin R.A. Seligman
  • A functional theory of economic profit / Charles A. Tuttle

Full text

THE EARLY TEACHING OF ECONOMICS IN THE 
UNITED STATES * 
Edwin R. A. Seligman 
1. The European Situation 
ALTHOUGH the term political economy was first used in modern 
times by Montchrétien in 1615, it was not until almost two 
centuries later that it became common in any of the European 
countries. The subject matter was treated either in separate 
books on trade or commerce or in the general works on politics 
or ethics. It was only after the advent of the Cameralists in 
Germany and the Physiocrats in France that a more compre- 
hensive treatment was undertaken. In the universities, outside 
of the general chairs of politics, history and law, the subject con- 
tinued to be treated, as in Great Britain, by the professors of 
moral philosophy or natural law. 
The earliest chairs dealing specifically with what is now 
included in political economy occurred in Germany where special 
professorships of police science or cameral science, later called 
the science of finance, were founded in the second quarter of 
the eighteenth century. Thus the first professorship of cameralia 
was inaugurated in Halle for Gasser in 1727, followed a few 
months later by a similar chair for Dithmar in Frankfort a O.’ 
[n 1750 a chair of Cameral Science was instituted in the newly- 
founded Ritter Akademie or Theresianum in Vienna for Justi, 
who introduced the name of Staatswirthschaft, the German 
equivalent of Political Economy; and in 1763 a chair of Police 
and Cameral Science was founded for Sonnenfels at the University 
* This topic has been treated by Elbert V. Wills, ‘‘Political Economy in 
the Early American College Curriculum,” The South Atlantic Quarterly, 
xxiv (1925), 131 et seq. Although well written and containing many inter- 
esting facts, the article is inaccurate in not a few particulars and overlooks 
considerable material which has been utilized in this essay. 
ash Geschichte der Nationalokonomik in Deutschland, 1874, pp. 
LA,
	        

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Economic Essays. Macmillan, 1927.
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