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 from the fact that early classical thinking, developed in Europe, was not suitable for a newly discovered country such as the United States which consisted of abun....

Number Of Pages: 13

Number Of Words: 3385

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