Historians have long seen Sir William Petty’s (1623–1687) ‘political arithmetic’ as an important contribution to the early social sciences, applying mathematics to the analysis of political and especially economic questions. of Polit. the notion that rulers should base their political decisions on numbers and statistics; highlights how the idea of political arithmetic and national income was received and underlines, that for many centuries no government was convinced that numbers and statistic mattered. Petty William [1687], Cinq essays sur l’Arithmétique politique, dans The Economic Writings of Sir William Petty, Together with the Observations upon the Bills of Mortality more Probably by Captain John Graunt, Charles Henry Hull éd., Cambridge, 1899 (Œuvres économiques de Sir William Petty, trad. ↑ Cf. H. Dussauze et M. Pasquier, Paris, Giard et Brière, 1905, p. 573-595). Economy, i. Sir William Petty . The first comprehensive intellectual biography of William Petty based upon detailed research not only of printed sources but also his extensive unpublished archive 56. Sir William Petty, (born May 26, 1623, Romsey, Hampshire, England—died December 16, 1687, London), English political economist and statistician whose main contribution to political economy, Treatise of Taxes and Contributions (1662), examined the role of the state in the economy and touched on the labour theory of value.. Davenant, Works, i. Petty, however, had devised the phrase at an earlier date. Save up to 80% by choosing the eTextbook option for ISBN: 9780191571718, 0191571717. Above all, his Political Arithmetic, published posthumously in 1690, was at the time considered a path-breaking contribution to this field of study.] He employed it in a letter to Lord Anglesea, 17 December, 1672 (Life, 158), and in his preface (p. 244) he describes the book as "a Specimen of the Political Arithmetick I have long aimed at." Describes how in the 17th century, the Englishman William Petty proposed the idea of "political arithmetic" - i.e. Bauer, History of Political Arithmetic, in Palgrave's Dict. IV. The method of political arithmetic elaborated by William Petty in the 17 th century is usually taken to be an instrument of better governance aimed at practical utility, and lacking any theoretical support in a natural philosophical sense. [Sir William Petty (1624–1687) was a prominent English economist, scientist and philosopher. 2. 128. William Petty And the Ambitions of Political Arithmetic Ted McCormick. Political Arithmetick CHAP. William Petty And the Ambitions of Political Arithmetic by Ted McCormick and Publisher OUP Oxford. The print version of this textbook is ISBN: 9780199547890, 0199547890. His essays on political arithmetic were among the first important works of modern statistics. Petty studied medicine at the Universities of Leiden, Paris, and Oxford. 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