Principles of Political Economy

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CreateSpace Independent Publishing Platform, 18 черв. 2018 р. - 334 стор.
Principles of Political Economy (1848) by John Stuart Mill was one of the most important economics or political economy textbooks of the mid-nineteenth century. It was revised until its seventh edition in 1871, shortly before Mill's death in 1873, and republished in numerous other editions. Beside discussing descriptive issues such as which nations tended to benefit more in a system of trade based on comparative advantage (Mill's answer: those with more elastic demands for other countries' goods), the work also discussed normative issues such as ideal systems of political economy, critiquing proposed systems such as communism and socialism. Along with A System of Logic, Principles of Political Economy established Mill's reputation as a leading public intellectual. Mill's sympathetic attitude in this work and in other essays toward contemporary socialism, particularly Fourierism, earned him esteem from the working class as one of their intellectual champions.

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John Stuart Mill, Classical economist, was born in 1806. His father was the Ricardian economist, James Mill. John Stuart Mill's writings on economics and philosophy were prodigious. His "Principles of Political Economy, With Some of Their Applications to Social Philosophy," published in 1848, was the leading economics textbook of the English-speaking world during the second half of the 19th century. Some of Mill's other works include "Considerations on Representative Government," "Auguste Comte and Positivism," "The Subjection of Women," and "Three Essays on Religion." John Mill died in 1873.

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