John Rae's Statement of Some New Principles on the Subject of Political Economy (1834)
was intended to refute Adam Smith's analysis of the causes of the wealth of nations and the …

NP) was intended to refute Adam Smith's analysis of the causes of the wealth of nations and
the laissez-faire conclusions generally drawn from it.'Invention'plays a central role in Rae's …

Introduction John Rae's New Principles (1834) contained much analysis of the savings
motive in its relation to capital accumulation. In fact, Rae looked at savings on two levels: the …

The problems of development confronting the newly emerging countries have kindled an
interest in the writings of early political economists, especially those of the Classical period …

Sir James Steuart's Principles of Political Oeconomy appeared nine years before Adam
Smith's Wealth of Nations, and contained a fundamentally different approach to the problem …

The increasingly prominent place now assigned by economists to the theo of economic
growth, never wholly neglected in the past, is resulting in r examinations and re …

“The design of the book is different from that of any treatise on Political Economy which has
been produced in England since the work of Adam Smith.''“The last great book covering this …

The classical economists thought of growth as the natural state of a (capitalist) economy.
Harmful government policies might impede growth, or even bring it to a stop altogether, but …

Within six years of publication, half the citations that there will ever be to a modern
economics article will already have appeared. 1 After that, with a few notable exceptions …

a landmark in the contemporary approach to economics" The Observer" it is as good a book
as its most obvious predecessors in the genre: Smith's Wealth of Nations and Marshall's …