The New Tendencies of Political Economy

Cover The New Tendencies of Political Economy
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Bohmert, Brentano, Cohn, Von Scheel, Samter.
II.
Let us now endeavor to sift out what there is of good in the views of the new school. In the first place, it is clear that we have not yet arrived at the point of determining accurately the fundamental principle, the characteristics and the limitations of political economy, nor its relations to other sciences of the same order. " Though we may blush for the science, " said M. Rossi, "the economist must, nevertheless, 8 NEW TENDENCIES OF POLITICAL
... ECONOMY.
avow, that the first question to be examined is still this : What is political economy, what are its objects, its extent, its limitations ? " This observation is well founded ; even in the Dictionaire ^Economic Politique, the writer on whom devolved the duty of exactly defining it, M. C. Coquelin, is unable to decide whether it is an art or a science. He desires to establish it as a science, defining it with Destutt de Tracy, as the resultant of truths which come from the exam- ination of a given subject.


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