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The Anglo-Irish context for William Edward Hearn's economic beliefs and the ultimate failure of his Plutology


  • Gregory Moore


William Edward Hearn is generally regarded as Australia's first economist of international note and his Plutology ([1863]1864) is invariably deemed to be Australia's first economics text. In this paper I argue that it is more appropriate to describe Hearn as an Anglo-Irish economist and, to this end, provide the Anglo-Irish context for the economic doctrines that he expressed in Plutology and elsewhere. I also argue that the failure of Plutology in the market place was, in part, due to a campaign waged against Hearn in London by John Elliot Cairnes, who was an undergraduate contemporary of Hearn's at Trinity College, Dublin.

Suggested Citation

  • Gregory Moore, 2011. "The Anglo-Irish context for William Edward Hearn's economic beliefs and the ultimate failure of his Plutology," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 18(1), pages 19-54.
  • Handle: RePEc:taf:eujhet:v:18:y:2011:i:1:p:19-54
    DOI: 10.1080/09672560903114883

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    References listed on IDEAS

    1. Wagner, Alfred, 1891. "Marshall's Principles of Economics," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 5, pages 319-338.
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