large/11381/principles_political_economy_1812_librivox_64kb_mp3/principlesofpoliticaleconomy_03_mill_64kb_108
large/11381/principles_political_economy_1812_librivox_64kb_mp3/principlesofpoliticaleconomy_03_mill_64kb
English
11381
This book, however, is only a first of four treatises eventually intended to include the political economy of (2) agriculture, (3) industry and commerce, and (4) the state and commune. The ablest contemporary of Roscher, who was probably the first to urge the historical method, is Karl Knies,(83) in "Die politische Oekonomie vom Standpunkte der geschichtlichen Methode" (1853, second edition, 1881 1883). THIS BOOK HOWEVER IS ONLY A FIRST OF FOUR TREATISE EVENTUALLY INTENDED TO INCLUDE THE POLITICAL ECONOMY OF TWO AGRICULTURE THREE INDUSTRY AND COMMERCE AND FOUR THE STATE IN COMMUNE THE ABLEST CONTEMPORARY OF RASSIA WHO IS PROBABLY THE FIRST TO URGE THE HISTORICAL METHOD IS KARL NIZ IN THE POLITICHE O ECONOMI VON STANPUNKI DER GESHCHAITLIN METHOD EIGHTEEN FIFTY THREE SECOND EDITION EIGHTEEN
 and means of verification. It is suggestive also that the leaders of the new school in Germany and England have reached no different results by their new method, and in the main agree with the laws evolved by the old English school. The economist does not pretend that his assumptions are descriptions of economic conditions existing at a given time; he simply considers them as forces (often acting many on one point or occasion) to be inquired into separately, inasmuch as concrete phenomena are the resultants of several forces, not to be known until we know the separate operation of each of the conjoined forces. The most prominent of the new school is Wilhelm Roscher,(82) of Leipsic, who wrote a systematic treatise, “System der Volkswirthschaft” (1854, sixteenth edition, 1883), in the first division of which the notes contain a marvelous collection of facts and authorities. He agrees in results with Adam Smith, Ricardo, Malthus, and Mill, but does not seem to have known much of Cairnes. ATISTICS AND MEANS OF VERIFICATION IT IS SUGGESTIVE ALSO THAT THE LEADERS OF THE NEW SCHOOL IN GERMANY AND ENGLAND HAVE REACHED NO DIFFERENT RESULTS BY THEIR NEW METHOD AND IN THE MAIN AGREE WITH THE LAWS EVOLVED BY OLD ENGLISH SCHOOL THE ECONOMIST DOES NOT PRETEND THAT HIS ASSUMPTIONS ARE DESCRIPTIONS OF ECONOMIC CONDITIONS EXISTING AT A GIVEN TIME HE SIMPLY CONSIDERS THEM AS FORCES OFTEN ACTING MANY ON ONE POINT OR OCCASION TO BE INQUIRED INTO SEPARATELY INASMUCH AS CONCRETE PHENOMENA ARE THE RESULTANCE OF SEVERAL FORCES NOT TO BE KNOWN UNTIL WE KNOW THE SEPARATE OPERATION OF EACH OF THE CONJOINED FORCES THE MOST PROMINENT OF THE NEW SCHOOL IS WILHELM GROSCHER OF LEIPZIC WHO WROTE A SYSTEMATIC TREATISE SYSTEM DER VOLKSVIZCRAFT EIGHTEEN FIFTY FOUR SIXTEENTH EDITION EIGHTEEN EIGHTY THREE IN THE FIRST DIVISION OF WHICH THE NOTES CONTAIN A MARVELLOUS COLLECTION OF FACTS AND AUTHORITIES HE AGREES IN RESULTS WITH ADAM SMITH RICARDO MALTHUS AND MILL BUT DOES NOT SEEM TO KNOW MUCH OF CAIRN'S
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