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|Principles of Economics; Marshall, Alfred|
2 paragraphs found.
Especially Godwin in his
Inquiry concerning Political Justice (1792). It is interesting to compare Malthus' criticism of this Essay (Bk. III. ch. II.) with Aristotle's comments on Plato's
Republic (see especially
Politics, II. 6).
A partial exception must be made for Malthus, whose studies of population were suggested by Godwin's essay. But he did not properly belong to the Ricardian school and he was not a man of business. Half a century later Bastiat, a lucid writer but not a profound thinker, maintained the extravagant doctrine that the natural organization of society under the influence of competition is the best not only that can be practically effected, but even that can be theoretically conceived.