Popularizing Classical Economics Henry Brougham and William Ellis
Popularizing Classical Economics analyzes the theoretical contributions of two British Economists, Henry Brougham and William Ellis, and describes how they popularized economic ideas from the early 1800s through the 1860s. Efforts to spread economic ideas
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STUDIES IN THE HISTORY OF ECONOMICS General Editor: D. E. Moggridge Editorial Board: N. de Marchi, Duke University; D. E. Moggridge, University of Toronto; D. Patinkin, Hebrew University of Jerusalem; B. Sandelin, University of Lund; Y. Shionoya, Hitotsubashi University; D. A. Walker, Indiana University of Pennsylvania; J. K. Whitaker, University of Virginia; D. Winch, University of Sussex Published in association with the History of Economics Society and with an international board of advisers, this series takes a broad definition of the history of economics. Titles will cover the major topics in the fields of economic theory, methodology and professional evolution, and will include both monographs and edited collections of essays.
Popularizing Classical Economics Henry Brougham and William Ellis W. D. Sockwell
Associate Professor of Economics Berry College, Mount Berry, Georgia
M
St. Martin's Press
© W. D. Sockwell 1994 Softcover reprint of the hardcover 1st edition 1994 978-0-333-59712-5 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, 90 Tottenham Court Road, London WI P 9HE. Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. First published in Great Britain 1994 by THE MACMILLAN PRESS LTD Houndmills, Basingstoke, Hampshire RG21 2XS and London Companies and representatives throughout the world A catalogue record for this book is available from the British Library.
ISBN 978-1-349-23569-8 (eBook) ISBN 978-1-349-23571-1 DOI 10.1007/978-1-349-23569-8 First published in the United States of America 1994 by Scholarly and Reference Division, ST. MARTIN'S PRESS, INC., 175 Fifth Avenue, New York, N.Y. 10010
ISBN 978-0-312-12383-3 Library of Congress Cataloging-in-Publication Data applied for
To the memory of Dad
Contents Acknowledgements
viii
1 Introduction PART I
1
HENRY BROUGHAM: LIFE AND ECONOMIC CONTRIBUTIONS
2 Life of Henry Brougham
7 9
3 Early Economic Works of Henry Brougham
13
4 Brougham's Later Economic Works
37
PART II WILLIAM ELLIS: LIFE AND ECONOMIC CONTRIBUTIONS
59
5 Life of William Ellis
61
6 Early Economic Works of Ellis
66
7 Ellis's Later Works
86
PART III THE POPULARIZING MOVEMENT AND EDUCATION 8 Economic Popularizers
97 99
9 The Condition of Schools
109
10 Classical Economists and Education
114
11 Henry Brougham as Economic Popularizer
122
12 William Ellis as Economic Popularizer
152
13 Conclusions
178
Notes
181
Appendix
203
Select Bibliography
204
Index
218 vii
Acknowledgements A number of individuals have made this book possible and I owe them a debt of gratitude. I want to especially thank Professor W. 0
