tailieunhanh - History of Economic Analysis part 47

History of Economic Analysis part 47. At the time of his death in 1950, Joseph Schumpeter-one of the major figures in economics during the first half of the 20th century-was working on his monumental History of Economic Analysis. A complete history of humankind's theoretical efforts to understand economic phenomena from ancient Greece to the present, this book is an important contribution to the history of ideas as well as to economics. | History of economic analysis 422 Hartley s work 1791 and re-expounded with brilliant efficiency by our own colleague James Mill 3 the mind a Lockian blank psychic life a mechanical system of associations. Even felt unable to rest content with this and was to combine it with Darwinian elements and elements derived from the German physiological psychologists into something that was pretty far removed from associationist orthodoxy. But for us the question arises since this associationist orthodoxy was part of Benthamite orthodoxy shall we not expect that it influenced the economics of the group that was another part of it Of course we shall but we shall be disappointed. The case illustrates very well the nature of the relation of a comprehensive system to its parts. Psychological associationism agrees all right with the utilitarian philosophy or the utilitarian theory of ethics or of behavior in general and in this sense does implement the rest. But if on the strength of this we proceed to examine James Mill s little treatise on economic theory we find that its propositions are completely independent of associationist psychology and are just as compatible with any other though a province of the Benthamite empire the economics of the utilitarians was a selfgoverning province that could have lived equally well if severed from the empire. This verifies a result already arrived at in other The only thing that needs to be added is evolutionist psychology. As has been mentioned both Darwin and Spencer faced the problem of the manner in which the human mind acquired each mental power they attempted to construct genetic theories of instincts emotions curiosity memory attention beliefs moral sense social virtues and the like. It should be observed that such endeavors are not psychology in the ordinary sense for example analysis of the faculty of memory is one thing and a hypothesis on how we came to have this faculty is another thing. However .

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