John Rae (economist)
John Rae (1796, Footdee, Aberdeen – 1872, New York), was a Scottish/Canadian economist. His most famous work was the Statement of Some New Principles on the Subject of Political Economy. Influenced by both Adam Smith and David Hume, his influence lingered all the way to the 20th century. So much so that economist Irving Fischer and Austrian economist Eugen von Böhm-Bawerk prefaced their work with Rae's, thanking him for contributions to modern economics while very few had heard of his work.
References
Sources
- Goodwin, Craufurd D.W. (1961) - Canadian Economic Thought: The Political Economy of a Developing Nation 1814-1914, Duke University Press
- James, R. Warren (1965) - John Rae, political economist. An account of his life and a compilation of his main writings (2 vols.), Toronto.
- Schumpeter, Joseph Aloys (1954) - History of Economic Analysis, New York.
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Rae, John |
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| Date of birth |
1796 |
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1872 |
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