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Francis Wayland: Preacher-Economist
By Laurence M. Vance
This article appeared in the Winter 2006 issue of The Independent Review


Abstract

Francis Wayland (1796–1865) may have preferred to be remembered as a preacher, educator, or philanthropist, but his book The Elements of Political Economy (1837) shows that he should be remembered as an economist. Wayland’s emphasis on property, capital, and entrepreneurship and his commitment to private action instead of government action make his long-forgotten book worthy of enduring respect.



Other Independent Review articles by Laurence M. Vance
    Winter 2009   Gerrit Smith: A Radical Nineteenth-Century Libertarian


Volume 10 Number 3
Winter 2006

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