In this lecture I want to give special attention to the attitude of the Classical Economists to that complex of questions which is sometimes described as the condition of the people problem.
KeywordsEconomic Policy High Wage Classical Economist Classical Attitude Subsistence Level
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- 1.McCulloch, Principles of Political Economy (1843), p. 192.Google Scholar
- 1.McCulloch, Principles of Political Economy (1843), p. 394.Google Scholar
- 2.Parliamentary Papers, 1841, vol. x. An excellent appraisal of the economic content of this report is given by Professor Stigler in his Five Lectures on Economic Problems pp. 26–34.Google Scholar
- 1.See his notes to the French translation, tEuvres complètes de David Ricardo (Paris, 1847), pp. 318–319.Google Scholar