Henry Charles Carey
Henry Charles Carey (born December 15, 1793 in Philadelphia , Pennsylvania , † October 13, 1879 ) was an American economist .
As a representative of the American system of political economy , Carey was one of the most famous American economists of the 19th century and had a lasting influence on the economic policy of the USA at the time .
Life
Henry Charles was the son of Matthew Carey, an Irish immigrant who had gone into exile for political reasons . In Philadelphia, the father founded a small publishing bookstore with an attached print shop. At the age of 21 Carey became a partner in his parents' company.
In 1821 Carey took over the management of the business and was instrumental in the rapidly growing sales of books in the USA with the introduction of publishing auctions ("trade sales"). As early as 1835 Carey was able to withdraw from almost all business. Carey used the fortune he had earned only to indulge his interest in economics.
In addition to his literary work, Carey traveled to Europe almost every year, with stays in Great Britain always planned. He processed his observations made in the various countries and the extensive data material collected there in his works.
In doing so, he came to opinions which were in sharp contrast to those of the English school of Classical Economics, and in his writings he fought against, in particular, the doctrines of Adam Smith , Thomas Robert Malthus , David Ricardo and John Stuart Mill . Originally an ardent advocate of free trade , Carey became an equally ardent proponent of protective tariffs and, like Friedrich List before him, saw free trade as a worthwhile goal, but the introduction of protective tariffs was a suitable means to achieve it.
In his work Answer to the questions: what constitutes currency? what are the causes of unsteadiness of the currency? and what is the remedy? he defended the freedom of banking . In 1863 he was elected to the American Academy of Arts and Sciences . Since 1833 he was a member of the American Philosophical Society .
Carey died on October 13, 1879, at the age of nearly 86.
Carey's theories in Principles of political economy were further developed by Frédéric Bastiat in Harmonies économiques .
Fonts
- Essay on the rate of wages . Philadelphia 1835
- Principles of political economy . Philadelphia 1837–1840 (3 volumes)
- The credit system in France, Great Britain and the United States . London 1838
- Answer to the questions: what constitutes currency? what are the causes of unsteadiness of the currency? and what is the remedy? Philadelphia 1844
- The past, the present and the future . Philadelphia 1848
- The harmony of interests . New York 1851
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Principles of social science . 3 volumes. Philadelphia 1858–1860 (main work, online )
Authorized German edition: The basics of social science / with the assistance of H. Huberwald ed. by Carl Adler . 3 volumes. Fleischmann, Munich 1863–1864 -
Letters on international copyright . 1853, 2nd edition 1868
German: Letters on literary property . Translated by Carl Adler . Eichhoff, Berlin 1866 - The French and American tariffs compared . Philadelphia 1861
- The way to outdo England without fighting her . Philadelphia 1865
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Review of the decade 1857-1867 . Philadelphia 1867
German: Economic and political reviews of the last ten years. Munich: Fleischmann, 1868 - Contraction or expansion? Repudiation or resumption? Philadelphia 1866
- How protection, increase of public and private revenues, and national independence march hand in hand together . Philadelphia 1869
- Shall we have peace ... Letters to the President-elect of the United States . Philadelphia 1869
- International copyright question . Philadelphia 1872
- The Unity of Law . Philadelphia 1873
- Miscellaneous works . Philadelphia 1869
literature
- Eugen K. Dühring : Carey's upheaval in economics. Twelve letters . Fleischmann, Munich 1865
- Eugen K. Dühring: Carey's diminutive and the crisis of political economy . Trewendt, Breslau 1867
- William Elder: A memoir of Henry C. Carey. Read before the Historical Society of Pennsylvania, Philadelphia, January, 5, 1880 . Baird, Philadelphia PA 1880
- Ehrenfried Galander: The Draft of Marx's Political Economy in Confrontation with the Theory of the American Vulgar Economist Henry C. Carey . Dissertation, University of Halle, 1983
- Arnold W. Green: Henry C. Carey, nineteenth-century sociologist . UPP, Philadelphia PA 1951
- Jeremiah W. Jenks: Henry C. Carey as a political economist . Fischer, Jena 1885
- Friedrich A. Lange: J. St. Mill's views on the social question . Thoemmes, Bristol 1994, ISBN 1-85506-360-3 (repr. Of the Duisburg 1866 edition)
- Carey, Henry Charles . In: Encyclopædia Britannica . 11th edition. tape 5 : Calhoun - Chatelaine . London 1910, p. 342 (English, full text [ Wikisource ]).
Web links
Individual evidence
- ^ Member History: Henry C. Carey. American Philosophical Society, accessed May 29, 2018 .
| personal data | |
|---|---|
| SURNAME | Carey, Henry Charles |
| BRIEF DESCRIPTION | American economist |
| DATE OF BIRTH | December 15, 1793 |
| PLACE OF BIRTH | Philadelphia |
| DATE OF DEATH | October 13, 1879 |