John Stuart Mill: A Criticism with Personal Recollections
John Stuart Mill: A Criticism with Personal Recollections
John Stuart Mill: A Criticism with Personal Recollections
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198<br />
APPENDIX.<br />
its foundation in conformity <strong>with</strong> their scheme. This sort of thing has<br />
done infinite mischief to the progress of economic science ;<br />
and one of <strong>Mill</strong> s<br />
great merits is that both by example and by precept he steadily discounten<br />
anced it. His anxiety to affiliate his own speculations to those of his<br />
predecessors is a marked feature in all his philosophical works, and illus<br />
trates at once the modesty and comprehensiveness of his mind.<br />
It is quite true that <strong>Mill</strong>, as an economist, was largely indebted to"<br />
Kicardo, and he has so fully and frequently acknowledged the debt that<br />
there is some danger of rating the obligation too highly. As he himself<br />
used to put it, Ricardo supplied the back -bone of the science ; but it is not<br />
less certain that the limbs, the joints, the muscular developments all that<br />
renders political economy a complete and organized body of knowledge<br />
have been the work of <strong>Mill</strong>. In Ricardo s great work the fundamental<br />
doctrines of production, distribution, and exchange, have been laid down,<br />
but for the most part in mere outline, so much so that superficial students<br />
are in general wholly unable to connect his statement of principles <strong>with</strong> the<br />
facts, as we rind them, of industrial life. Hence, we have innumerable<br />
"<br />
"<br />
refutations of Ricardo almost invariably refutations of the writers own<br />
misconceptions. In <strong>Mill</strong> s exposition the connexion between principles"*<br />
and facts becomes clear and intelligible. The conditions and modes of<br />
action are exhibited by which human wants and desires the motive powers<br />
of industry come to issue in the actual phenomena of wealth ; and Poli<br />
tical Economy becomes a system of doctrines susceptible of direct applica<br />
tion to human affairs. As an example, I may refer to <strong>Mill</strong> s development<br />
of Ricardo s doctrine of foreign trade. In Ricardo s pages the fundamental<br />
principles of that department of exchange are indeed laid down <strong>with</strong> a<br />
have little relation to<br />
master s hand ; but, for the majority of readers, they<br />
the actual commerce of the world. Turn to <strong>Mill</strong>, and all becomes clear.<br />
Principles of the most abstract kind are translated into concrete language,"<br />
and brought to explain familiar facts, and this result is achieved, not simply<br />
or chiefly by virtue of mere lucidity of exposition, but through the discovery<br />
and exhibition of modifying conditions and links in the chain of causes<br />
overlooked by Ricardo. It was in his Essays on Unsettled Questions in<br />
Political Economy that his views upon this subject were first given to thej<br />
world a work of which M. Cherbuliez of Geneva, speaks as<br />
"<br />
un travail<br />
le plus important et le plus original dont la science eranomique se soil<br />
enrichie depuis une vingtaine d annees ".<br />
On some points, however, and these points of supreme importance, the<br />
contributions of <strong>Mill</strong> to economic science are very much more than develop<br />
mentseven though we understand that term in its largest sense of any<br />
previous writer. No one can have studied political economy in the works<br />
of its earlier cultivators <strong>with</strong>out being struck <strong>with</strong> the dreariness of the