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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.
- John Stuart Mill
- 1848
May 2, 2022 · The third edition of Daniel E. Saros’ Principles of Political Economy: A Pluralistic Approach to Economic Theory is a useful text that presents a comprehensive introductory discussion of neo-classical economics, which it puts in dialogue with Keynesian, post-Keynesian, and some critical alternatives.
Feb 5, 2018 · Principles of Political Economy yielded to none of its predecessors in aiming at the scientific appreciation of the action of these causes, under the conditions which they presuppose; but it set the example of not treating those conditions as final.
A classic work of political economy that aims to update and improve Adam Smith's "Wealth of Nations" with the knowledge and ideas of the present age. The online text is available from the Online Library of Liberty in pdf format.
Jun 14, 2024 · Learn about household finance, investing, retirement, companies, and biographies from Britannica Money. Explore topics such as quantity theory of money, exchange-traded notes, sports betting, and more.
In Principles of Political Economy, Mill turns economics into a viable philosophical area of inquiry by exploring what people really want and what economics can measure and assess. Mill’s approach to economics is based on his belief in the superiority of socialism, in which economic production would be driven by cooperatives owned by the workers.
Principles of Political Economy, with some of their Applications to Social Philosophy was published in 1848 in London and was republished with changes and updates a total of seven times in Mill’s lifetime. The edition presented here is that prepared by W. J. Ashley in 1909, based on Mill’s 7th edition of 1870.
