Henry Charles Carey
Henry Charles Carey (December 15, 1793 – October 13, 1879) was a leading 19th-century economist of the American School of capitalism, and chief economic adviser to U.S. President Abraham Lincoln.
Carey is best known for the book The Harmony of Interests: Agricultural, Manufacturing, and Commercial (1851), which denigrates the "British System" of laissez faire free trade capitalism in comparison to the American System of developmental capitalism, which uses tariff protection and government intervention to encourage production and national self-sufficiency.
Biography
Born in Philadelphia, Pennsylvania in 1793, Carey was the son of Mathew Carey (1760–1839), an influential economist, political reformer, editor, and publisher. Mathew Carey was born in Dublin, Ireland but emigrated to Philadelphia in 1784, where with the help of Benjamin Franklin and the Marquis de Lafayette he founded a publishing firm. Among his many writings was Essays on Political Economy (1822), one of the earliest American treatises favoring Alexander Hamilton's idea of protection and its use in the promotion of American industry.