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Author: John Stuart Mill
Publisher:
ISBN:
Category :
Languages : en
Pages : 466
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Book Description
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.
Author: John Stuart Mill
Publisher:
ISBN:
Category :
Languages : en
Pages : 466
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Book Description
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.
Author: John Stuart Mill
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 600
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Author: John Stuart Mill
Publisher: Createspace Independent Publishing Platform
ISBN: 9781975765590
Category :
Languages : en
Pages : 288
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Book Description
This outstanding work of economics by John Stuart Mill overviews the workings of the entire economy as it was understood during the nineteenth century. This edition includes all of the original maps, charts, illustrations and appendixes. A fascinating look at economic theory as it was during the industrial revolution, the five books express the economic ideas which characterized the era and acted as theoretical foundations later thinkers built upon and refined. Following the introductory passages, the first book describes the various attributes and mechanisms involved in production. The necessity of labor, of land, of natural resources, and of capital to establish sustained production, and the various inefficiencies which impact it, are covered. Mill notably establishes laws, whereby output upon a given tract of land, and increases from capital, are to increase year after year. The second book, entitled Distribution, looks at how the fruits of the economy's production are dispersed across a wider population. Types of physical assets, the wages for labor, reinvested profits, and rental income receive examination. Noting the vast amount of labor subsisting on low wages at the time, Mill proposes measures for increasing wages and thereby consumption of goods produced. The third book, Exchange, looks at the function and presence of money and trade from various angles. Mill conducts analyses of the rental market, the value of money, international trade and its determining values, and the foreign exchange of currencies. Cross-borders competition in different industries, and a case study of precious metals in international trade is concentrated upon. In the fourth book, Mill attempts to define the progress of society in the context of growing production and hence distribution. The affect such activity has upon wages, the rental markets, and the profitability of different companies, is focused upon. Mill finally returns to the topic of the laboring classes, whose abysmal working and living conditions had become a cause for great concern in the 19th century. The fifth and final book discusses the influence that government may have on an economy. For the most part, Mill turns his focus to taxation which he divides into direct taxes upon businesses and workers, and indirect taxes which are levied upon individual goods. The benefits and shortcomings of each are covered, as is the government's role in controlling national debt levels and potentially intervene in markets. With the publication in 1890 of Alfred Marshall's masterwork Principles of Economics, the term 'economics' quickly replaced the archaic 'political economy'. However many of John Stuart Mill's ideas influenced thinkers for decades to come, leaving a decided mark on the fledgling social science of economics.
Author: William Dexter Wilson
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 410
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Author: Harriet Martineau
Publisher:
ISBN:
Category :
Languages : en
Pages : 478
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Author: Arthur Latham Perry
Publisher:
ISBN: 9781973242376
Category :
Languages : en
Pages : 438
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Book Description
"PREFACE.It is now exactly twenty-five years since was published my first book upon the large topics at present in hand. It was but as a bow drawn at a venture, and was very properly entitled "Elements of Political Economy." At that time I had been teaching for about a dozen years in this Institution the closely cognate subjects of History and Political Economy; cognate indeed, since Hermann Lotze, a distinguished German philosopher of our day, makes prominent among its only five most general phases, the "industrial" element in all human history; and since Goldwin Smith, an able English scholar, resolves the elements of human progress, and thus of universal history, into only three, namely, "the moral, the intellectual, and the productive."..."
Author: David Ricardo
Publisher: Strelbytskyy Multimedia Publishing
ISBN:
Category : Political Science
Languages : en
Pages : 341
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Book Description
The book concludes that land rent grows as population increases. It also presents the theory of comparative advantage, the theory that free trade between two or more countries can be mutually beneficial, even when one country has an absolute advantage over the other countries in all areas of production. Ricardo famously analysed the impact of the adoption of machinery on the different classes of society, revising his earlier view that mechanization could be expected to be of benefit to each of the classes of the society.
Author: John Stuart Mill
Publisher: Cosimo, Inc.
ISBN: 1596052406
Category : Business & Economics
Languages : en
Pages : 477
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Book Description
Can national growth be sustained indefinitely? How much should government intervene in a competitive market economy? The questions John Stuart Mill raised a century and a half ago, in 1848's Principles of Political Economy, and the answers he found, are just as critical-and just as contentiously debated-today. Through a lens of what the philosopher himself termed "philosophical radicalism"-and what some today call "democratic liberalism"-Mill takes a fresh look at Adam Smith's Wealth of Nations and other influential works of political thought of his time, and recasts them from a more scientific viewpoint, suggesting that such realities as the unequal distribution of wealth were not "natural" but rather a matter of human choice... choices we continue to have to make in our ever more complicated economy. Also available from Cosimo Classics: Selected Writings of John Stuart Mill and On Liberty. English philosopher and politician JOHN STUART MILL (1806-1873) was one of the foremost figure of Western intellectual thought in the late 19th century. He served as an administrator in the East Indian Company from 1823 to 1858, and as a member of parliament from 1865 to 1868. Among his essays on a wide range of political and social thought are On Liberty (1859), Considerations on Representative Government (1861), and The Subjection of Women (1869).
Author: John Wilson
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 74
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Author: Wilhelm Roscher
Publisher: Theclassics.Us
ISBN: 9781230237008
Category :
Languages : en
Pages : 176
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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1878 edition. Excerpt: ... transportation. But to carry on such a business for the purposes of trade, a care and a cleanliness are needed which are national characteristics only of a highly civilized people ( 229), and the preparation of a superior quality of cheese, which is always a very long process, is conditioned by the employment of capital long in advance of a return, and which no poor nation is in a condition to make.5 Cows are primarily milkproducing animals.8 Hence their price, as a rule, rises later than that of oxen, but, in the higher stages of civilization, it rises much more surprisingly. Something analogous is true of those products which result from what remains after the production of other goods or commodities. As long as this alone supplies the demand, the cost of production of the former commodity is almost nothing, and hence its price is very low. For this reason hogs are relatively cheap in two very different periods of a people's national economy, in a very low stage of civilization where forests are plentiful and they are fattened on acorns and the nuts of the beech, and also when they may be considered as a collateral product of some great industry, such as distilleries and dairy-farming; and when raised by a numerous, especially a rural population of small means and laborers, in order to turn to advantage, in the former instance, the remains of production, and in the latter of consumption.1 Where neither of these two reasons ob 'The principal cheese-producing countries and cities are Holland, Limburg, Switzerland, Gloucester, Chester, Ayrshire etc. Compare Jtoscier, loc. cit., 195 ff. 'In England, in the year 1000, a cow was worth only as much as two sheep. (Anderson, Origin of Commerce, a., 979.) The best butter was worth only id....
