Principles of Political Economy

Nonfiction, Religion & Spirituality, Philosophy, Social & Cultural Studies, Social Science, History
Cover of the book Principles of Political Economy by John Stuart Mill, GOLDEN CLASSIC PRESS
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: John Stuart Mill ISBN: 1230002938813
Publisher: GOLDEN CLASSIC PRESS Publication: November 28, 2018
Imprint: Language: English
Author: John Stuart Mill
ISBN: 1230002938813
Publisher: GOLDEN CLASSIC PRESS
Publication: November 28, 2018
Imprint:
Language: English

*** Original and Unabridged Content. Made available by GOLDEN CLASSIC PRESS***

Synopsis:
The standard economics textbook for more than a generation, John Stuart Mill’s Principles of Political Economy (1848) was really as much a synthesis of his predecessors’ ideas as it was an original economic treatise. Heavily influenced by the work of David Ricardo, and also taking ideas from Adam Smith and Thomas Malthus, Mill systematically demonstrated how important economic concepts could be applied to real-world situations. In his emphasis on realism, Mill thus took economics out of the realm of the abstract and placed it squarely within the context of society.
For instance, he made a convincing case that wages, rent, and profit are not necessarily the expression of immutable laws that are independent of society. Rather, they are in actuality the results of social institutions and as such can be changed if the members of a society move to break traditional institutional habits. Reflecting his utilitarian social philosophy, Mill suggested that social improvements are always possible. He thus proposed modifying a purely laissez faire system, advocating trade protectionism and regulation of employees’ work hours for the benefit of domestic industries and workers’ well-being. In such features he displayed a leaning toward socialism.
In summing up his objective for this massive work, Mill said later in his Autobiography (1873) that he wished "to unite the greatest individual liberty of action, with a common ownership in the raw material of the globe, and an equal participation of all in the benefits of combined labour." For anyone with an interest in the history of economics or the history of ideas, this landmark work of classical economics makes for stimulating and in many respects still very relevant reading.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

*** Original and Unabridged Content. Made available by GOLDEN CLASSIC PRESS***

Synopsis:
The standard economics textbook for more than a generation, John Stuart Mill’s Principles of Political Economy (1848) was really as much a synthesis of his predecessors’ ideas as it was an original economic treatise. Heavily influenced by the work of David Ricardo, and also taking ideas from Adam Smith and Thomas Malthus, Mill systematically demonstrated how important economic concepts could be applied to real-world situations. In his emphasis on realism, Mill thus took economics out of the realm of the abstract and placed it squarely within the context of society.
For instance, he made a convincing case that wages, rent, and profit are not necessarily the expression of immutable laws that are independent of society. Rather, they are in actuality the results of social institutions and as such can be changed if the members of a society move to break traditional institutional habits. Reflecting his utilitarian social philosophy, Mill suggested that social improvements are always possible. He thus proposed modifying a purely laissez faire system, advocating trade protectionism and regulation of employees’ work hours for the benefit of domestic industries and workers’ well-being. In such features he displayed a leaning toward socialism.
In summing up his objective for this massive work, Mill said later in his Autobiography (1873) that he wished "to unite the greatest individual liberty of action, with a common ownership in the raw material of the globe, and an equal participation of all in the benefits of combined labour." For anyone with an interest in the history of economics or the history of ideas, this landmark work of classical economics makes for stimulating and in many respects still very relevant reading.

More books from GOLDEN CLASSIC PRESS

Cover of the book The Tatler by John Stuart Mill
Cover of the book Redgauntlet: A Tale Of The Eighteenth Century by John Stuart Mill
Cover of the book Life of Napoleon Bonaparte by John Stuart Mill
Cover of the book Much Darker Days by John Stuart Mill
Cover of the book The Brethren by John Stuart Mill
Cover of the book Some Phases of Sexual Morality and Church Discipline in Colonial New England by John Stuart Mill
Cover of the book Mark Mason's Victory: The Trials and Triumphs of a Telegraph Boy by John Stuart Mill
Cover of the book Cities of Belgium / Grant Allen's Historical Guides by John Stuart Mill
Cover of the book In the Fourth Year: Anticipations of a World Peace by John Stuart Mill
Cover of the book Lyre and Lancet: A Story in Scenes by John Stuart Mill
Cover of the book Luke Walton by John Stuart Mill
Cover of the book A Plea for Captain John Brown by John Stuart Mill
Cover of the book From Farm to Fortune; or, Nat Nason's Strange Experience by John Stuart Mill
Cover of the book My Miscellanies by John Stuart Mill
Cover of the book A Woman of Genius by John Stuart Mill
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy