Moral Revolution and Economic Science : the demise of laissez-Fare in Nineteenth Centur, British Political Economy

Table of Contents

Acknowledgments                                                                                                     ix

Introduction                                                                                                               3

Chapter 1: Adam Smith: The Greater Founder                                                     9

• The Moral Universe of Smith's Economic Man
• The Foundation of Classical Economics
• Conclusion

Chapter 2: The Followers of Adam Smith: The Early Period—Bentham, Malthus, and Ricardo                                                                                                                                                                                               45

• The Principle of Utility and Its Effects upon Political Economy—Jeremy Bentham
• Thomas Robert Malthus: Population Theory and Say's Law
• David Ricardo: The Ascendancy of the Abstract, Deductive Method
• Conclusion

Chapter 3: The Final Phase of Classical Economics: Senior, J. S. Mill, Sidgwick, and Cairnes                                                                                                                                                                                                         119

• The Question of the Nature, Scope, and Method of Political Economy
• Nassau Senior on Value and Governmental Intervention
• John Stuart Mill: 1806-1873
• Cairnes and Sidgwick: The Final Assault upon the Laissez-Faire Principle
• Conclusion

Chapter 4: The Marginalist Revolution and Neo-Classicism: Jevons, Wicksteed, and Marshall                                                                                                                                                                                                        219

• The Scope and Method of Economic Science
• Jevons and the Theory of Final Utility
• Wicksteed and the Claim That the Market Does Not Realize Higher Moral Values
• Alfred Marshall: The Neo-Classical Approach
• Conclusion

Conclusion                                                                                                                 279

Bibliography                                                                                                              285

Index                                                                                                                           301