On John Rae's Controversial Contributions to Economics

Syed Ahmad

Journal of the History of Economic Thought, 1996, vol. 18, issue 2, 207-228

Abstract: John Rae, Scottish by birth, and a Canadian-Hawaiian (i.e. of the Kingdom of Hawaii) by residence, lived in Canada for about twelve years before the publication of his only work of significance in economies' and for nine years before he started writing it (James 1965,). He titled his book Statement of Some New Principles on the Subject of Political Economy, Exposing the Fallacies of the System of Free Trade and of Some Other Doctrines Maintained in the “Wealth of Nations” (1834) (obviously not a very memorable or popular title). The book was first conceived as an appendix to a statistical study of an aspect of the Canadian economy but, as sometimes happens, took a life of its own, in which references to Canada became merely illustrative and less frequent than to England, France or even China.

Date: 1996
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