The Past And the Present of Political Economy

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It is on this account that it has lost credit; not only in (Icrmany and in Italy, but far more in the land of its birth. Kngland. " All thc>c weaknesses felt even when not put in words and others not enumerated, gradually attracted attention. Utterances of dissatisfaction with the conclusions of orthodox political economy, early expressed, became ever more out- spoken and pronounced with the advance of criticism and the development of progress, which found no satisfactory expla- nation in this ...system. New wine was put into old bottle- and the bottles broke and peri-ln 1.
Protest against the harsh doctrines of Ricardo and his fol- lowers was early entered by those who were not professional 179] The Past and the Present of Political Economy. 41 political economists. Dickens's works are full of such pro- tests. Nothing, for example, could be more cutting than the irony with which he describes the principles of the Gradgrind school in his " Hard Times. " Early in the story poor Sissy Jape fills them with despair at her stupidity by returning to the question, " ' What is the first principle of political econ- omy?' the absurd answer, 'To do unto others as I would that they should do unto me.


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