Political-economy Sentence Examples
His widow left a sum of Ioo,000 francs to the Institut de France, to found in his memory scholarships in political economy or law.
In 1817 a Roman Catholic theological faculty was added, with a seminary called the Konvikt, and there are now also faculties of law, medicine, philosophy, political economy and natural science.
If, however, they are not published, and are given to certain persons as individual favours, they become a prolific source of abuse, and are quite indefensible from the standpoint of political economy.
He studied history and humanities at the university of Moscow, and, after having gone through his military training in a grenadier regiment, left for Germany where he read political economy in Berlin under Prof. Schmoller.
Although bitterly opposed by the partisans of scholastic routine, Genovesi found influential patrons, amongst them Bartolomeo Intieri, a Florentine, who in 1754 founded the first Italian or European chair of political economy (commerce and mechanics), on condition that Genovesi should be the first professor, and that it should never be held by an ecclesiastic. The fruit of Genovesi's professorial labours was the Lezioni di Commercio, the first complete and systematic work in Italian on economics.Advertisement
In 1872 he became docent, and in 1882 professor of political economy at Upsala, of which university he was afterwards rector.
In the following year he was introduced to political economy and studied Adam Smith and Ricardo with his father.
In 1844 appeared his Essays on Some Unsettled Questions in Political Economy.
From this oppressive feeling he found relief in the thought set forth in the opening of the second book of his Political Economy - that, while the conditions of production have the necessity of physical laws, the distribution of what is produced among the various classes of producers is a matter of human arrangement, dependent upon alterable customs and institutions.
There can be little doubt that this thought, whether or not in the clear shape that it afterwards assumed, was the germ of all that is most distinctive in his system of political economy.Advertisement
The Political Economy was published in 1848.
Adam Smith had invariably associated the general principles of the subject with their applications, and in treating those applications had perpetually appealed to other and often far larger considerations than pure political economy affords.
Sometimes he speaks of political economy as a department "carved out of the general body of the science of society;" whilst on the other hand the title of his systematic work implies a doubt whether political economy is a part of "social philosophy" at all, and not rather a study preparatory and auxiliary to it.
If by the " old Political Economy " we mean the methods and conclusions of certain great writers, who stood head and shoulders above their contemporaries and determined the general character of economic science, we are still under no obligation to define the attitude of the present generation with regard to them.
It is frequently supposed that the influence of the " old Political Economy " has been gradually undermined by the attacks of the historical school.Advertisement
If our view is correct that, broadly speaking, the two ways of regarding economic questions are complementary rather than mutually exclusive, there does not seem to be any reason why the growth of the historical school should have been destructive of the " old Political Economy " if it had been well founded.
Modern economic criticism and analysis has destroyed the authority of the " old Political Economy " as a scientific system.
What was mistaken for it was fashioned in the heat of controversy by men whose interests were practical rather than scientific, who could not write correct English, and revealed in their reasoning the usual fallacies of the merely practical man' So the " old Political Economy " lies shattered.
Shield Nicholson's Principles of Political Economy (3 vols.) not only gives a survey of economic principles since Mill's time, but contains much suggestive and original work.
He had a vision of a political economy based not on selfishness but on love, not on desire but on self-denial.Advertisement
His works, though interesting from the clearness and precision with which these peculiar opinions are presented, do not now possess much value for the student of political economy.
The success of this made his position secure, and in 1840 he was appointed professor of political economy in the College de France.
He still, however, continued an academic career by lecturing on political economy at the university.
All these have faculties of letters and law, and San Marcos has in addition faculties of theology, medicine, mathematics and science, philosophy and administrative and political economy.
In addition to the four usual faculties there is a fifth - of political economy.Advertisement
In 1840 he was appointed professor of mental and moral philosophy and political economy in Manchester New College, the seminary in which he had himself been educated, and which had now removed from York to the city after which it was named.
Its causes and results are fundamental for the study of ethnology (formation and mixture of races), of political and social history (formation of states and survival of institutions), and of political economy (mobility of labour and utilization of productive forces).
He then devoted himself with astonishing ardour to mathematics, chemistry, natural history, technology and even political economy.
We have hardly yet discovered that political economy has unavoidable points of contact with ethics.
Originally intended for the church, he took orders, but renounced them in 1796 and went to Milan, where he devoted himself to the study of political economy.
In political economy this avidity for facts produced better fruits.
In 1 831 he was made professor of political economy at the College de France.
He recognizes political economy and statistics as alike sciences, and represents the distinction between them as having never been made before him, though he quotes what Smith had said of political arithmetic. While deserving the praise of honesty, sincerity and independence, he is inferior to his predecessor in breadth of view on moral and political questions.
After the publication of this work his ethical doctrines occupied less space in his lectures, and a larger development was given to the subjects of jurisprudence and political economy.
Smith afterwards described Quesnay as a man "of the greatest modesty and simplicity," and declared his system of political economy to be, "with all its imperfections, the nearest approximation to truth that had yet been published on the principles of that science."
But it must at once be said that it is plainly contrary to fact to represent him, as some have done, as the creator of political economy.
But it was not until 1860 that he definitely began to propound a new social scheme, denouncing the dogmas of political economy.
After the publication of the Treatise Hume retired to his brother's house at Ninewells and carried on his studies, mainly in the direction of politics and political economy.
Berkeley had already, in the Querist, attacked the mercan t i le theory of the nature of national wealth and the functions of money, and Locke had, in a partial manner, shown that political economy could with advantage be viewed in relation to the modern system of critical philosophy.
In 1805 Malthus married happily, and not long after was appointed professor of modern history and political economy in the East India Company's College at Haileybury.
Besides his great work, Malthus wrote Observations on the Effect of the Corn Laws; An Inquiry into the Nature and Progress of Rent; Principles of Political Economy; and Definitions in Political Economy.
The theory of the physiocrats now found powerful advocates in Denmark; and after 1755, when the press censorship was abolished so far as regarded political economy and agriculture, a thorough discussion of the whole agrarian question became possible.
C. Olufsen (1764-1827) was a writer on geography, zoology and political economy.
He was called to the bar at Lincoln's Inn in 1858, was professor of political economy at University College from 1872 to 1875, and in December 1876, after a previous unsuccessful attempt, was elected to parliament for Liskeard in the Liberal interest.
Further study of political economy soon enabled him to pass out of this phase, and in 1850 he settled down to practise as an advocate at Gottingen.
He lectured on constitutional and public law and Roman law in 1875-1877, and also taught subjects as diverse as botany and political economy.
We now find him making extracts from the English newspapers on the Poor-Law Bill of 1796; criticising the Prussian land laws, promulgated about the same time; and writing a commentary on Sir James Steuart's Inquiry into the Principles of Political Economy.
The opinion was common at the time, and the error was merely ignorance of the true principles of political economy.
In 1866 he was elected professor of logic and mental and moral philosophy and Cobden professor of political economy in Owens college.
In 1876 he was glad to exchange the Owens professorship for the professorship of political economy in University College, London.
It would be difficult to exaggerate the loss which logic and political economy sustained through the accident by which his life was prematurely cut short.
This paper does not appear to have attracted much attention either in 1862 or on its publication four years later in the Journal of the Statistical Society; and it was not till 1871, when the Theory of Political Economy appeared, that Jevons set forth his doctrines in a fully developed form.
A Serious Fall in the Value of Gold (1863) and The Coal Question (1865) placed him in the front rank as a writer on applied economics and statistics; and he would be remembered as one of the leading economists of the 19th century even had his Theory of Political Economy never been written.
Amongst his economic works may be mentioned Money and the Mechanism of Exchange (1875), written in a popular style, and descriptive rather than theoretical, but wonderfully fresh and original in treatment and full of suggestiveness, a Primer on Political Economy (1878), The State in Relation to Labour (1882), and two works published after his death, namely, Methods of Social Reform and Investigations in Currency and Finance, containing papers that had appeared separately during his lifetime.
Jevons's work in logic went on par/ passe with his work in political economy.
He now began to occupy himself with scientific pursuits, and gave some attention to mathematics as well as to chemistry and mineralogy; but, having met with Adam Smith's great work, he threw himself with ardour into the study of political economy.
Ricardo's chief work, Principles of Political Economy and Taxation, appeared in 1817.
Having studied jurisprudence and political economy at the universities of Bonn, Heidelberg, Munich and Berlin, he entered the legal career at Cologne, and immediately devoted his attention to financial and commercial questions.
Notwithstanding the continuous pressure of an active business life he found time to contribute largely many valuable articles to the magazines and newspapers, and took an active part in the proceedings of the Royal Statistical Society (of which he was one of the honorary secretaries, editor of its journal, and in1869-1871president) and the Political Economy Club.
He was rector of St Paul's Boston, from 1826 to 1831, when he became professor of moral and intellectual philosophy and political economy at Union.
He was associate professor of history and political economy at Bryn Mawr in1885-1888and at Wesleyan University in 1888-1890; professor of jurisprudence and political economy at Princeton in 1890-1895, of jurisprudence in 1895-1897, and subsequently of jurisprudence and politics; and in 1902 he became president of Princeton University, being the first layman to hold that office.
In Sybil were exhibited the social relations of rich and poor (the "two nations") under this regime, and under changes in which, while the peasantry were neglected by a shoddy aristocracy ignorant of its duties, factory life and a purblind gospel of political economy imbruted the rest of the population.
He had always rejected the political economy of his time, and it was breaking down.
He strongly believed in the absolute truth of a few moral ideas, with which it was the aim of his teaching to mould and suffuse political economy.
Finally it has become apparent that many problems hitherto left for political economy to solve belong more properly to the moralist, if not to the moral philosopher, and it may be confidently expected that with the increased complexity of social life and the disappearance of many sanctions of morality hitherto regarded as inviolable, the future will bring a renewed and practical 1 Cf.
In political economy he was a Utilitarian on the lines of Mill and Bentham; his work was the careful investigation of first principles and the investigation of ambiguities rather than constructive.
Time has always been at the heart of the political economy of the left.
This project aims to explore the gendered global political economy of governance in the context of globalization.
The first he called " classical political economy " .
The largest faculty and academic program devoted to international political economy in Europe.
The " Young Turk " party will run up against this elementary fact of capitalist political economy and hard reality.
She herself produced various works on economics, including Political Economy for Beginners (1870), Tales in Political Economy (1875), and, with her husband, a volume of Essays and Lectures (1872).
He was principal of the Latin school of Norwalk, Connecticut, in 1879-1883, and was professor of jurisprudence and political economy in the College of New Jersey (Princeton University) from 1884 until his death in Princeton, N.J., on the 21st of July 1889.
Mill has died out, the relevance of the " old Political Economy " is not likely to be a question of any interest to ordinary educated men and women, or even to the great mass of economic students.
Writers with none of the prejudices of the historical school, but with the cold and remorseless regard for logic of the purely objective critic, have pointed out serious inconsistencies here, the omission of important factors there, until very little of the " old Political Economy " is left unscathed.
In short, Lassalle accepted the orthodox political economy to show that the inevitable operation of its laws left no hope for the working classes, and that no remedy could be found but by abolishing the conditions in which these laws had their validity - in other words, by abolishing the present relations of labour and capital altogether.
But never content to sink into the mere trader, he sought to introduce among those he met on the "road" a higher tone of conversation than usually marks the commercial room, and there were many of his associates who, when he had attained eminence, recalled the discussions on political economy and kindred topics with which he was wont to enliven and elevate the travellers' table.
Finance, regarded as state house-keeping, or " political economy " (see Economics) in the older sense of the term, deals with (I) the expenditure of the state; (2) state revenues; (3) the balance between expenditure and receipts; (4) the organization which collects and applies the public funds.
I admit I am fascinated by her conjunction of political economy and romance traditions.