In quot;The Road to Serfdom,quot; F. A. Hayek set out the danger posed to freedom by attempts to apply the principles of wartime economic and social planning to the problems of peacetime. Hayek argued that the rise of Nazism was not due to any character failure on the part of the German people,...

This article attempts to lay out the central characteristics of Antonio Rosmini's (1797-1855) fiscal and tributary philosophy. Incorporating a multitude of elements from the doctrines of great economists such as Adam Smith, Jean-Baptiste Say, or Simonde de Sismondi and illuminating them with his...

This paper examines the explanation of commercial crises offered by William Huskisson in 1810 in the wake of the debate on the Bullion Report. Huskisson argued that the suspension of convertibility made it possible to extend issues of paper currency beyond its proper limits. Such an expansion,...

Between J-B. Say and R. Malthus an important debate took place, witnessed by a number of letters and quotations, mainly concerning the débouchés problem. Quite surprisingly, the respective theories of values are never under discussion in their correspondence, nor quotations on them can be...

John Elliott Cairnes (1823-1875) is best known for his defense of the wages fund doctrine after Mill’s abandonment of it. This essay argues that Cairnes’ ideas represented a substantive advance in classical political economy, in that his ideas were more coherent than those of his...

This paper proposes a reconstruction of one of Torrens little unknown piece of work on the making and the distribution of income among the social classes. The framework assumes a single-good economy with fixed production coefficients. It differs from the contemporary Ricardo theory (that...

In this study, the historical roots of individuality will be examined. According to the view of economic individuality, pursuit of self-interest is the fundamental motivation for all of human beings. When we look into the eighteenth century, the main argument was whether the rise of the...

The article investigates Wicksell's change of mind about the machinery question between 1890 and 1900/1901. Wicksell at first sided with the so-called “compensation theory” that workers are not harmed by the introduction of machinery. In his lecture notes of April 1900, made available here...

O artigo examina as posições dos economistas clássicos no tocante à concorrência e às propostas socialistas da época. Após breve relato da evolução do ideário socialista na Inglaterra e França, apresentam-se as observações de Smith, Bentham, James Mill e Ricardo sobre a condição...