Early Years
Carey was the son of Mathew Carey (1760-1839), an influential economist, political reformer, editor, and publisher, who was born in Ireland but for many years lived in Philadelphia. Matthew Carey was a member of the publishing firm of Carey & Lea, which was long the most conspicuous in America. When Henry Carey was 28 years old, he succeeded his father as a member of the publishing firm. Among Mathew Carey's many writings had been a collection (1822) of Essays on Political Economy, one of the earliest of American treatises favoring Alexander Hamilton's idea of protection and promotion of industry.
In 1835, Carey co-founded the famous Franklin Fire Insurance Company of Philadelphia. He retired from business in 1838, almost simultaneously with the appearance (1837-1840) of his book Principles of Political Economy. This treatise soon became the standard representation of the American school of economic thought, and was translated into Italian and Swedish, with some variance. It dominated the US economic system until 1973.
Read more about this topic: Henry Charles Carey
Famous quotes containing the words early and/or years:
“Here is this vast, savage, howling mother of ours, Nature, lying all around, with such beauty, and such affection for her children, as the leopard; and yet we are so early weaned from her breast to society, to that culture which is exclusively an interaction of man on man,—a sort of breeding in and in, which produces at most a merely English nobility, a civilization destined to have a speedy limit.”
—Henry David Thoreau (1817–1862)
“Now small fowls flew screaming over the yet yawning gulf; a sullen white surf beat against its steep sides; then all collapsed, and the great shroud of the sea rolled on as it rolled five thousand years ago.”
—Herman Melville (1819–1891)