IDEAS home Printed from https://ideas.repec.org/a/cup/jhisec/v19y1997i01p49-70_00.html
   My bibliography  Save this article

Newmarch, Cairnes and Jevons on the Gold Question and Statistics

Author

Listed:
  • Kim, Jinbang

Abstract

Statistical inferences have long been part of economic inquiry. But how were such inferences made and what logic was employed for them, in particular before the procedures called econometrics were developed? This question is raised in the present paper in relation to the discovery of gold in California in 1848 and in Australia in 1851. Different opinions were soon advanced on whether prices had risen as a result, and statistical inferences were often part of the arguments. I examine the arguments of three economists, William Newmarch (1820–82), John E. Cairnes (1823–75) and W. Stanley Jevons (1835–82), who all wrote about the gold question on several occasions.

Suggested Citation

  • Kim, Jinbang, 1997. "Newmarch, Cairnes and Jevons on the Gold Question and Statistics," Journal of the History of Economic Thought, Cambridge University Press, vol. 19(1), pages 49-70, April.
    • Handle: RePEc:cup:jhisec:v:19:y:1997:i:01:p:49-70_00
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S1053837200004673/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:jhisec:v:19:y:1997:i:01:p:49-70_00. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/het .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.