large/11381/principles_political_economy_1812_librivox_64kb_mp3/principlesofpoliticaleconomy_03_mill_64kb_32
large/11381/principles_political_economy_1812_librivox_64kb_mp3/principlesofpoliticaleconomy_03_mill_64kb
English
11381
The new school claim that the English "orthodox" writers begin by an _a priori_ process, and by deductions reach conclusions which are possibly true of imaginary cases, but are not true of man as he really acts. THE NEW SCHOOL CLAIMS THAT THE ENGLISH ORTHODOX WRITERS BEGAN BY AN A PRIORI PROCESS AND BY DEDUCTIONS REACH CONCLUSIONS WHICH ARE POSSIBLY TRUE OF IMAGINARY CASES BUT ARE NOT TRUE OF MAN AS HE REALLY ACTS
r,(74) is the most eminent living authority on the production of the precious metals, and a vigorous monometallist. The school is represented in the “Handwörterbuch der Volkswirthschaftslehre” (1865) of Reutzsch. The other writers of this group are Von Böhmert,(75) Faucher, Braun, Wolff, Michaelis, Emminghaus,(76) Wirth,(77) Hertzka, and Von Holtzendorf. The best known of the German protectionists is Friedrich List, the author of “Das nationale System der politischen Oekonomie” (1841), whose doctrines are very similar to those of H. C. Carey in this country.(78) An able writer on administrative functions and finance(79) is Lorenz Stein, of Vienna. But German economists are of interest, inasmuch as they have established a new school who urge the use of the historical method in political economy, and it is about the question of method that much of the interest of to-day centers. In 1814 Savigny introduced this method into jurisprudence, and about 1850 it was applied to political economy. GERMAN ADOLPH SOTHBEER IS MOST EMINENT LIVING AUTHORITY ON THE PRODUCTION OF THE PRECIOUS METALS AND A VIGOROUS MONO MEDALIST THE SCHOOL IS REPRESENTED IN THE HARDVENTERBUNCH DER VOLSWITH SHAFTE LYRE EIGHTEEN SIXTY FIVE OF ROYCH THE OTHER WRITERS OF THIS GROUP ARE VON BEAUMERT FALCER BRAHN WOLF MICHELIS EMMINGHAUSE VERTH HERZKA AND VON HOLTZENDORF THE BEST KNOWN OF THE GERMAN PROTECTIONISTS IS FRIGIK LISTE THE AUTHOR OF DAST NATIONAL SYSTEM DER POLITICIAN OKONEMI EIGHTEEN FORTY ONE WHOSE DOCTRINE ARE VERY SIMILAR TO THOSE OF H C CARY IN THIS COUNTRY AN ABLE WRITER ON ADMINISTRATIVE FUNCTIONS IN FINANCE IS LOREN STEIN OF VIENNA BUT GERMAN ECONOMISTS ARE OF INTEREST INASMUCH AS THEY HAVE ESTABLISHED A NEW SCHOOL WHO URGED THE USE OF THE HISTORICAL METHOD IN POLITICAL ECONOMY AND IT IS ABOUT THE QUESTION OF METHOD THAT MUCH OF THE INTEREST OF TO DAY CENTERS IN EIGHTEEN FOURTEEN SAVAGENIE INTRODUCED THIS METHOD INTO JURISPRUDENCE AND ABOUT EIGHTEEN FIFTY IT WAS APPLIED TO POLITICAL ECONOMY
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