This chapter traces the evolution of the concept of economics from among natural philosophers. It suggests that it was essentially experimental physics and natural history and not mathematical physics that were incorporated into the content of classical economics. This chapter also highlights the achievement of Swedish naturalist Carl Linnaeus in producing a developed account of the economy of nature and his intention to utilize natural history for commercial expansion.
Keywords: economics; natural philosophers; experimental physics; natural history; Carl Linnaeus; economy of nature; commercial expansion
Chapter. 8916 words.
Subjects: Economic History
Full text: subscription required