The English Utilitarians, volume Ii (Of 3)

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[352] He had served withdistinction in the war; but retired on half-pay, and was drawn by somenatural idiosyncrasy into the dry paths of economic discussion. He wasalready confuting the French economists in 1808; and was writing uponthe Bank-charter Act and the Ten Hours' Bill in 1844. Torrens heldhimself, apparently with justice, to be rather an independent allythan a disciple of Ricardo. His chief works were an essay upon the'External Corn-trade' (1815)[353] and an 'Essay on the Production of...Wealth' (1821). Ricardo pronounced his arguments upon the Corn-tradeto be 'unanswered and unanswerable, '[354] and he himself claimed to bean independent discoverer of the true theory of rent. [355] He wascertainly a man of considerable acuteness and originality. In thesewritings we find the most sanguine expressions of the belief thatpolitical economy was not only a potential, but on the verge ofbecoming an actual, science. Torrens observes that all sciences haveto pass through a period of controversy; but thinks that economistsare emerging from this stage, and rapidly approaching unanimity.

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