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One of the most highly regarded and best known economist of the early eighteen hundreds was Henry Carey. Of all the many American economists in the first half of the nineteenth century, the best known, especially outside of America, was Henry ....

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... and scarce labour. These aspects will be viewed in detail while examining Carey's principle theories. However, before tackling the unprecedented theories of Carey, a description of the man's life and career, and writings should first be examined. The Life of Henry Carey He was born in 1793 in Philadelphia. He was the son of a self-made Irish immigrant, Mathew Carey. His father, whom was a leader in early American economic thinking, emigrated from Ireland on account of the political upheaval during the time. Henry Carey was also self taught and in 1821 at the age of twenty-eight assumed ownership of his fathers printing press. Care ...