Henry Carey :: essays research papers fc

henry Charles Carey&9One of the most exceedingly regarded and exceed known economist of the aboriginal eighteen hundreds was Henry Carey. Of solely the many American economists in the first half of the nineteenth century, the best known, especially outside of America, was Henry Carey. Being born in Philadelphia, Careys views were that typically of an American. The manor, in which he opposed other economists and established his own theories, grand him as a prominent figure not only in his hometown of Philadelphia but in the entire United States. He rejected Malthus and Ricardo on several grounds and accused them of deviating from the views of Adam Smith. His belief in the modification of economic thought stemmed from the fact that early classical thinking, highly-developed in Europe, was not suitable for a newly discovered arena such as the United States which consisted of abundant land and scarce labour. These aspects will be viewed in detail while examining Careys principle theories. However, before tackling the scarce theories of Carey, a description of the mans lifespan and career, and writings should first be examined.The lifetime of Henry Carey He was born in 1793 in Philadelphia. He was the parole of a self-made Irish immigrant, Mathew Carey. His father, whom was a leader in early American economic thinking, emigrated from Ireland on account of the political upheaval during the time. Henry Carey was also self taught and in 1821 at the age of twenty-eight expect ownership of his fathers printing press. Carey who was a largely self-educated man, retired from active barter at forty-two in order to devote the rest of his life to his literary career. Carey was known for his enormous published output. Many believe his total took away from the meaning he was trying to corroborate because it was rambling, repetitious, and diffused the message. The publications include thirteen books, about three thousand pages of published tracts, and perhaps an b ear on quantity of newspaper articles, editorials and correspondence covering economic and political topics. hither is a list of Carey=s most creditable works seek on the Rate of Wages (1835), The Principles of Political Economy (1837-1840), The Credit schema of France, Great Britian and the United States (1838), An Answer to the Questions What Constitutes Currency? What are the Causes of its Unsteadiness? And what is the let off? (1840), The Past, Present, and the Future (1848), The Harmony of Interest (1851), The Principles of Social Science (1857-1860), and The Unity of Laws as Exhibited in the Relations of Physical, Social, Mental, and Moral Science (1872).