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The Principles Of Political Economy

The Principles Of Political Economy

Paperback

Business GeneralGifts & Stationery GeneralGeneral Political Science

ISBN10: 1544608292
ISBN13: 9781544608297
Publisher: Createspace
Published: Mar 10 2017
Pages: 660
Weight: 1.91
Height: 1.33 Width: 5.98 Depth: 9.02
Language: English
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. 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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