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Selections from the Economic History of the United States, 1765-1860


Selections from the Economic History of the United States, 1765-1860

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    Available in PDF Format | Selections from the Economic History of the United States, 1765-1860.pdf | Unknown
    Guy Stevens Callender
Excerpt from book: and arrangement with some comment the important topics to be considered. It may be well to add here a brief statement of the editor's conception of the scope of economic history in order to furnish a clue to his selection of topics and arrangement of materials. According to his view, the economic history of a country ought to embrace three fairly distinct matters : first, it should describe and explain the economic life of the people at all stages of their development: second, it should investigate the relation of economic affairs to politics: third, it should attempt to show the influence of economic life upon the social evolution of the country. The first of these is obviously the most important and constitutes the chief task of the economic historian. It should include much more than an account of the different industries of the country and the various branches of commerce carried on by it, which historians have long been accustomed to introduce into their narrative. The whole economic organization of the country ought to be examined and its chief features set forth. The so-called factors of production — the natural agents, labor and capital — must be considered in their relations and all the circumstances affecting their efficiency pointed out. All those institutions and devices which exist primarily for the production of wealth must be shown in their development, such as the currency, the transportation system, the ownership and control of the land, and the means by which the combination of labor and of capital have been secured. Important changes in economic conditions, commercial crises, periods of prosperity and depression, should be noted and the influences which produced them investigated. The economic problems which have had to be met ought to be considered and their...  
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Book details

  • PDF | 676 pages
  • Guy Stevens Callender
  • General Books LLC
  • Unknown
  • 4
  • Other
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