Economic essays

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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

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Document type:: Monograph

Structure type:: Chapter

Title:: The early teaching of economics in the United States / Edwin R.A. Seligman

Collection:: Economics Books

284 ECONOMIC ESSAYS IN HONOR OF JOHN BATES CLARK of Vienna. In the meantime von Bielfeld had introduced the term Political Economy in his Lehrbegriff der Staatskunst, 1761 —a translation of his work published in French in the preceding year under the title of Institutions Politiques. In the interval we find progress in Italy. In 1754 the Uni- versity of Naples inaugurated, through the generosity of Bartholomeo Intieri, a chair of mechanics and commerce for Genovesi, who called the science economia civile. In 1768 the Austrian government founded a chair of Public Economy at Milan for Marquis Beccaria; and it was not long before chairs of a like nature were instituted in other Italian universities like Palermo and Modena. Verri introduced the new term in his Meditations on Political Economy, in 1771; but three years later Ortes attempted a new nomenclature in his work on National Economy. In Great Britain and France the development came somewhat later, although the subject of Police was included in 1727 in the instruction offered by Jershon Carmichael, who filled the chair of Moral Philosophy at Glasgow. Francis Hutcheson, who suc- ceeded to the chair in 1730, treated the subject more fully and first attracted the attention of Adam Smith. In 1746 Hutcheson was succeeded by Thomas Craigie. In 1752 Adam Smith, who had been appointed to the chair of Logic in 1751, was trans- ferred to that of Moral Philosophy. It was as the occupant of this chair that Adam Smith delivered in the early sixties his well known Lectures on Justice, Police, Revenue and Arms. After Adam Smith’s departure from Glasgow no further interest seems to have been taken in the subject until the begin- ning of the nineteenth century, when Dugald Stewart decided to give a course of lectures at the University of Edinburgh on what he now called Political Economy. William Pryme, who, as we shall see below, inaugurated lectures on the subject somewhat later at Cambridge, states that hitherto no lectures had been given on Political Economy in any university of the United Kingdom, but that Dugald Stewart, Professor of Moral Philosophy, had, in 1806, added to his own lectures for two or three years a “supernumerary supplemental course in that study.” * ' Cf. Autobiographical Recollections of George Pryme, 1870, p. 120.

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