Gustav Cohn

A History of Political Economy Gustav Cohn

There is a singular dearth of histories of political economy in the English language. The older works on the subject Mc CuU och and Twiss are valuable and suggestive; but strike the student of to-day rather by what they have not than by what they have. Blanqui sbook is rather a history of industrial systems than a treatise on the history of economic science. Dr. Ingram swork is a very useful book, with a special value owing to its emphasis of the sociological point of view; while the new edition of Cossa, invaluable as it is, must be considered rather as a guide to the bibliography of Political Economy than a treatise on its history. All taken together leave the field still fairly open to the scholar who will undertake to give us a comprehensive treatise on the subject, and English literature is still far behind the German, for example, in this respect. In this branch of science, as in some others, moreover, the tone and method of a work are determined very largely by national peculiarities, and whenever a nation has made serious contributions to the literature of any subject falling within the scope of the moral or social sciences, its historians are nearly certain to represent a new point of view, to have a new and fruitful perspective. In no country for the last twenty years has more active and thorough intellectual work been done in the department of political and social science than in Germany, and German scholars have turned out in rapid succession valuable treatises in nearly every department of economics and finance.
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