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Henry Charles CAREY

economist

Henry Charles Carey was an economist of the American School of capitalism.

Background

CAREY, Henry Charles was born in 1793 in Philadelphia, Pennsylvania, United States of America.

Career

A businessman-economist with a distinctly American view of the subject. His prolific writings concentrated on the harmony of economic interests. This involved a break with Malthus’ and Ricardo’s ideas on free trade, population, rent and wages.

Increasingly he became a committed protectionist, arguing in The Slave Trade that protection would end slavery in the South by stimulating industry and fostering economic links with the North. His works made extensive use of historical and statistical data, the latter frequently presented in graphic terms. His long-term influence on economics has been slight despite the wide currency of his writings in his own time.

Publisher and other business interests.

Achievements

  • In 1868, Carey was elected a foreign member of the Royal Swedish Academy of Sciences.

Works

Connections

father:
Mathew Carey

Mathew Carey (1760-1839) was an influential economist, political reformer, editor and publisher, who was born in Ireland but for many years lived in Philadelphia. Matthew Carey was a member of the publishing firm of Carey & Lea, which was long the most conspicuous in America. When Henry Carey was 28 years old, he succeeded his father as a member of the publishing firm. Among Mathew Carey's many writings had been a collection (1822) of Essays on Political Economy, one of the earliest of American treatises favoring Alexander Hamilton's idea of protection and promotion of industry.

president:
Abraham Lincoln
Abraham Lincoln - president of Henry CAREY