Ricardo and the Utilitarians
RICARDO AND THE UTILITARIANS Sergio Cremaschi In this paper I try to shed fresh light on an old conundrum of Ricardian scholarship, namely: what influence, if any, did James Mill and Bentham exert on Ricardo? The issue has been discussed since the year of Ricardo’s death, starting with Mill’s obituary, and was still under scrutiny in the last twenty years, among other by Hollander, Hutchison, De Marchi. What I have to add is a reasonable conjecture on the intellectual impact of Ricardo’s connection with the Unitarians that may help viewing in new light also at his relationship with Mill and Bentham. The opinion prevailing in the second half of the twentieth century on the relationship between Ricardo and Bentham has been brilliantly summarized by Guidi as follows: such influence “was limited to philosophical premises and methodological reflection on the nature of political economy, and finally to the rigorous definition of the principles of laisser faire” (Guidi, 1991: 140). I want to argue that Guidi is right for what he denies and wrong for what he admits of, or that the influence was even more limited and that Ricardo already had worked out his own approach to economic theory when he first met Mill and also that at this time, far from being an “illiterate pater familias”, he already had in mind a handful of philosophical ideas learned from independent sources. The dialogue with Mill was important but partly at a tactical level, that of publication policies and involvement in politics, and partly at the level of theory, in a former phase in political economy, but with an uneven relationship due to Ricardo’s intellectual superiority, and in a later phase in philosophy and political theory, but also then far from being a pupil-to-master relationship.
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