Political economy

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Monograph

Identifikator:: 867647221

URN:: urn:nbn:de:zbw-retromon-93157

Document type:: Monograph

Author:: Chapman, Sydney John http://d-nb.info/gnd/123743141

Title:: Political economy

Place of publication:: London [u.a.]

Publisher:: Williams & Norgate [u.a.]

Year of publication:: 1912

Scope:: 1 Online-Ressource (255 Seiten)

Collection:: Economics Books

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14 POLITICAL ECONOMY however, the masters of the new-born science were in some measure responsible—political and social sentiments were contaminated ; and the country was condemned to pass through one of the greatest crises in its history, that occasioned by mechanical invention and the introduction of steam- power, without benefit of much mutual help fulness and sympathy. Said the Duke in Coningsby, “ Supposing a case of outdoor relief “ I could not suppose anything so absurd,” replied his son-in-law, who was chairman of one of the newly-constituted Boards of Guardians. Nobody can feel quite confident in passing sweeping judgments on bygone events ; and it may have been that grave errors in resisting progress were avoided in consequence of the austere teaching of the dominant political economy, and that men were made hard enough and pushing enough to win their way through when, in accordance with its maxims, they were left to depend on themselves alone— “Stem, rugged nurse, thy rigid lore With patience many a year they bore ! ** But that much of the reason for which laisser faire was recommended and prac tised originated in mental confusion must

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