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Ricardo and the Utilitarians

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  • Sergio Cremaschi

Abstract

The paper discusses Ricardo's relationship to Mill and Bentham. It discusses first the origins of the myth of Ricardo's dependence from Bentham through Mill, and Halevy's contribution to the freezing of such a myth. The paper reconstructs what were their shared political commitments and activities and the kind of specific political views and agenda that may be ascribed to Ricardo himself. The paper then discusses the question of Ricardo's adhesion to Benthamite ethics. It examines fragments in Ricardo's correspondence with Maria Edgeworth and Francis Place, and adds fresh light on the issue by highlighting the partial overlapping between Bentham's ethics and the kind of intuitionism with theological consequentialism that Ricardo had learned from the Unitarian minister, Thomas Belsham.

Suggested Citation

  • Sergio Cremaschi, 2004. "Ricardo and the Utilitarians," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 11(3), pages 377-403.
    • Handle: RePEc:taf:eujhet:v:11:y:2004:i:3:p:377-403
    DOI: 10.1080/0967256042000246476
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    References listed on IDEAS

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    1. Patten, Simon N., 1899. "The Development of English Thought: A Study in the Economic Interpretation of History," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number patten1899.
    2. George J. Stigler, 1950. "The Development of Utility Theory. I," Journal of Political Economy, University of Chicago Press, vol. 58(4), pages 307-307.
    3. Sergio Cremaschi & Marcelo Dascal, 1996. "Malthus and Ricardo on Economic Methodology," History of Political Economy, Duke University Press, vol. 28(3), pages 475-511, Fall.
    4. Sergio Cremaschi & Marcelo Dascal, 2002. "The Unitarian Connection and Ricardo's Scientific Style," History of Political Economy, Duke University Press, vol. 34(2), pages 505-508, Summer.
    5. John Bonner, 1995. "Economic Efficiency And Social Justice," Books, Edward Elgar Publishing, number 543.
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