ABSTRACT

This study of McCulloch is now complete. It should be clear to the reader that McCulloch's career and writings are an important strand in the development of classical economics, and that his impact, both personally and professionally, was considerable. He did much to popularize economics - but it was not Ricardo's economics that he was popularizing, and he was not a popularizer in the sense of one who merely dilutes and regurgitates. That he did do this to some extent is undeniable - hence his popular theory of value - but there is much more to McCulloch than this.