English and Scottish Political Economy
Political economy predates the 20th century division of the two disciplines of politics and economics, treating social relations and economic relations as interwoven. Marx built on and critiqued the most well-known political economists of his day, the British classical political economists.
Read more about this topic: Influences On Karl Marx
Famous quotes containing the words english, scottish, political and/or economy:
“The English language may hold a more disagreeable combination of words than The doctor will see you now. I am willing to concede something to the phrase Have you anything to say before the current is turned on?”
—Robert Benchley (18891945)
“Well never know the worth of water till the well go dry.”
—18th-century Scottish proverb, collected in James Kelly, Complete Collection of Scottish Proverbs, no. 351 (1721)
“The political truths declared in that solemn manner acquire by degrees the character of fundamental maxims of free Government, and as they become incorporated with national sentiment, counteract the impulses of interest and passion.”
—James Madison (17511836)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (18031882)