Samuel Bailey
Samuel Bailey (born July 5, 1791 in Sheffield , Yorkshire, † January 18, 1870 ibid) was an English economist and philosopher. He is known for his thesis that values are relationships and involve a certain state of mind.
Samuel Bailey first worked in his father's business and made a certain fortune with which he founded the Sheffield Banking Company in 1831 . In 1832 and 1834 he ran unsuccessfully for a seat in the House of Commons . He published writings on a parliamentary reform , on the right of primogeniture and on currency restrictions.
Bailey argued that a person's opinions are independent of his will . He criticized the Ricardian School and denied the reciprocal relationship between wages and profits. He emphasized the productivity of work and tried to overcome the pessimism in Ricardo's teachings. As a politician, he spoke out against state interference and called himself a radical utilitarian .
Publications
- Essays on the Formation and Publication of Opinions (1821)
- A Critical Dissertation on the Nature, Measures, and Causes of Value (1825)
- Essays on the Pursuit of Truth, on the Progress of Knowledge and on the Fundamental Principle of All Evidence and Expectation (1829)
- A Review of Berkeley's Theory of Vision (1842)
- Letters on the Philosophy of the Human Mind , 3 vols., (1855–63)
supporting documents
| personal data | |
|---|---|
| SURNAME | Bailey, Samuel |
| BRIEF DESCRIPTION | English economist and philosopher |
| DATE OF BIRTH | July 5, 1791 |
| PLACE OF BIRTH | Sheffield |
| DATE OF DEATH | January 18, 1870 |
| Place of death | Sheffield |