John Ramsay McCulloch (1789–1864) was a Scottish economist, author, and editor, regarded as the leader of the Ricardian school after David Ricardo’s death. He popularized classical economic theories and pioneered economic data collection and analysis.
Born in Whithorn, Scotland, McCulloch attended the University of Edinburgh but did not graduate. He became a journalist and editor, co-founding The Scotsman and contributing to The Edinburgh Review. In 1828, he was appointed the first professor of political economy at University College London, lecturing on economic principles.
His influential works include Principles of Political Economy (1825,) A Dictionary of Commerce and Commercial Navigation (1832,) A Treatise on the Principles and Practical Influence of Taxation and the Funding System (1845,) and A Treatise on Metallic and Paper Money and Banks (1858,) focusing on economic policy, taxation, trade, and monetary systems.
McCulloch edited the 1828 edition of Adam Smith’s The Wealth of Nations and the 1846 edition of David Ricardo’s works, preserving and disseminating classical economic thought.
More: Wikipedia • READ: Works by John Ramsay McCulloch
Etiquette is the ceremonial code of polite life, more voluminous and minute in each portion of society according to its rank.
—John Ramsay McCulloch
Leave a Reply