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Economic Thought in Eighteenth CenturyAmerica Prior to Indepencence

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  • James S. CICARELLI

    (Roosevelt University, USA.)

Abstract

This paper examines the state of economic thought in the United States during the time period 1700 to 1775, an era that marks the end of the colonial age for the new nation. This essay starts with an over view of economic conditions during the final phase of colonialism in America. This is followed by a discussion of American economic thinking, divided into three distinct yet overlapping perspectives: (1) mainstream economic thought, which represents the dominant point of view about economics in America prior to the end of colonial status; (2) other voices, or economic perspectives focused on particular economic issues of the time and not the general state of economic thought; and (3) a crosscurrent or contrary view to mainstream economics, a way of viewing economics and economic thinking that takes exception to the popular economic paradigm of the time.

Suggested Citation

  • James S. CICARELLI, 2015. "Economic Thought in Eighteenth CenturyAmerica Prior to Indepencence," Journal of Economic and Social Thought, KSP Journals, vol. 2(3), pages 144-160, September.
    • Handle: RePEc:ksp:journ3:v:2:y:2015:i:3:p:144-160
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    References listed on IDEAS

    as
    1. N/A, 1986. "Chapter II. The World Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 116(1), pages 19-30, May.
    2. Galenson, David W., 1981. "White Servitude and the Growth of Black Slavery in Colonial America," The Journal of Economic History, Cambridge University Press, vol. 41(1), pages 39-47, March.
    3. N/A, 1986. "Chapte II. the World Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 115(1), pages 27-43, February.
    4. N/A, 1986. "Chapter II. The World Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 117(1), pages 20-29, August.
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    More about this item

    Keywords

    Slavery; Compulsion; Libertarianism;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General

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