American school

noun

: the economists that adhered to the American system
specifically : the American economists who rejected the Ricardian doctrine of rent and the Malthusian doctrine, advocated a protective tariff, accepted the labor theory of value but not its implication of a subsistence wage, and held that labor's lot continuously improves

Word History

First Known Use

1879, in the meaning defined above

Time Traveler
The first known use of American school was in 1879

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Dictionary Entries Near American school

Cite this Entry

“American school.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/American%20school. Accessed 19 Apr. 2024.

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