Scots, Jews, and Subversives Among the Dismal Scientists

William D. Grampp

The Journal of Economic History, 1976, vol. 36, issue 3, 543-571

Abstract: The most curious of the detractors of classical economics said it was the work of Scots, Jews, and subversives. The charges were meant to turn back the movement toward the free market, but there was some truth in them. Classical economics did begin in Scotland, Ricardo was Jewish, it was the policy of the Parliamentary Radicals, and it did threaten some major institutions. The paper describes how and to what effect these facts were used by men who each for his own reason did not like the market.

Date: 1976
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