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The Anglo-Irish context for William Edward Hearn's economic beliefs and the ultimate failure of his Plutology
Authors:Gregory C G Moore
Institution:1. gmoore@nd.edu.au
Abstract:Abstract

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.
Keywords:William Edward Hearn  Irish Political Economy
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