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Title: Henry Carey

Essay Details

Subject: Humanities
Author: Chad J
Date: August 29, 2011
Level: University
Length: 12 / 3369
No of views: 0
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Essay text:

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...

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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 abundant land and scarce labour. These aspects will be viewed in detail while examining Carey's principle theories...

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