The Cambridge History of English and American Literature in 18 Volumes (1907–21).
VOLUME XVIII. Later National Literature, Part III.

XXIV. Economists

§ 21. Recent Writers

From the advent of this group of writers may be marked the rapid progress of economic thought in the United States. Beginning in the early eighties the chairs of political economy multiplied, and an opportunity was given to our university students for advanced study of economics at home. With the beginning of the present century the output of scientific literature in economics multiplied rapidly, with the result that the United States counts today a body of economic thinkers superior in numbers and not inferior in quality to those of any other country, who are devoting themselves with conspicuous success and from many different points of view to the elucidation of the complex principles that underlie modern economic life.

NOTE—On page 427 the four following important tracts were omitted: Francis Rawles’s Ways and Means for the Inhabitants of Delaware to become Rich (Philadelphia, 1725); a reply to the same by James Logan, A Dialogue shewing What’s therein to be found. A Motto being Modish for Want of good Latin, are put English Quotations (n. p., 1725); Cadwallader Colden, Papers relating to an Act of Assembly of the Province of New York, for Encouragement of the Indian Trade, etc. and for Prohibiting the Selling of Indian Goods to the French, viz. of Canada (New York, 1724); Joseph Morgan, The Nature of Riches, shewed from the Natural Reasons of the Use and Effects thereof (Philadelphia, 1732).