“ M‘Culloch cannot be regarded as an original thinker on political economy. He did not contribute any new ideas to that science, or introduce any noteworthy correction of the views, either as to method or doctrine, generally accepted by the dominant school of his day. But the work he did must be pronounced, in relation to the wants of his time, a very valuable one. His name will probably be less permanently associated with anything he has written on economic science, strictly so called, than with his great statistical and other compilations. ”

“ M‘CULLOCH, JOHN RAMSAY (1789–1864) , British economist and statistician, was born on the 1st of March 1789 at Whithorn in Wigtownshire. His family belonged to the class of “statesmen,” or small landed proprietors. He was for some time employed at Edinburgh as a clerk in the office of a writer to the signet. ”