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Henry Charles Carey - College Essay

Henry Charles Carey


One of the most highly regarded and best known economist of the early eighteen hundreds was Henry Carey. Of all the many American economists in the first half of the nineteenth century, the best known, especially outside of America, was Henry Carey. Being born in Philadelphia, Carey's views were that typically of an American. The manor, in which he opposed other economists and established his own theories, distinguished him as a prominent figure not only in his hometown of Philadelphia but in the entire United States. He rejected Malthus and Ricardo on several grounds and accused them of deviating from the views of Adam Smith. His belief in the revision of economic thought stemmed ...

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self-made Irish immigrant, Mathew Carey. His father, whom was a leader in early American economic thinking, emigrated from Ireland on account of the political upheaval during the time. Henry Carey was also self taught and in 1821 at the age of twenty-eight assumed ownership of his fathers printing press. Carey who was a largely self-educated man, retired from active business at forty-two in order to devote the rest of his life to his literary career. Carey was known for his enormous published output. Many believe his quantity took away from the meaning he was trying to corroborate because it was rambling, repetitious, and diffused the message. The publications included thirteen books, about three thousand pages of published tracts, and perhaps an equal quantity of newspaper articles, editorials and correspondence covering economic and political topics. Here is a list of Carey=s most creditable works: Essay on the Rate of Wages (1835), The Principles of Political Economy ...

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with, and continued to share experiences and studies with in later years through writings. After all his travels, his works and studies lead him to become one of the leading citizens of Philadelphia, and an influential figure in the state where more than one President had sought his advise. At the time of his death, in 1879 at the age of 86, he was named as America=s most widely known private citizen at the time.
During the course of his writings the views of Carey in relation to previous economic theories and beliefs of other economists changed considerably. "Carey is a fine example of the difficulty of fitting economists into neat pigeonholes. He is at once a classical ...

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PAPER DETAILS
Added: 4/18/2004 11:18:50 AM
Category: Biographies
Type: Premium Paper
Words: 3358
Pages: 13

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