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Public and Private Economy
Single-volume reprint of the 1836-9 edition, originally published by Harper Brothers, with an introduction by Joseph Dorfman
Published 1974 by Augustus M. Kelley
(first published 1836)
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Mar 25, 2008 Jonathan rated it liked it
Recommends it for: Shane
Theodore Sedgwick (son of the leading Federalist from Massachusetts) was a Federalist himself until the dissolution of the party, then ended up supporting J. Q. Adams -- and then Andrew Jackson and Martin Van Buren. This book is his attempt to teach British classical economics to 19th-century Americans. Sedgwick argues that laissez-faire economics is the best way to achieve an egalitarian distribution of wealth and a republican simplicity of manners. It's fascinating stuff.