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Type of bind: Paperback
Dewey Decimal Number: 330
EAN num: 9781591021513
ISBN number: 1591021510
Label: Prometheus Books
Manufacturer: Prometheus Books
Quantity: 1
Page Count: 892
Printing Date: 2004-04
Publishing house: Prometheus Books
Sale Popularity Level: 38557
Studio: Prometheus Books
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The standard economics textbook for more than a generation, PRINCIPLES OF POLITICAL ECONOMY, written by John Stuart Mill (1806-1873) in 1848, is as much a synthesis of his predecessors' ideas as an original treatise on economics. Heavily influenced by the work of David Ricardo, and taking ideas from Adam Smith and Thomas Malthus, Mill demonstrates how important economic concept can be applied to realworld situations.
Reflecting his utilitarian social philosophy, Mill suggests that social improvements are always possible. He thus proposes 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 displays a leaning toward socialism.
For anyone with an interest in the history of economics or the history of ideas, Mill's landmark work still makes for stimulating reading.
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This is a very good and very pertinent book. If the people of the time had paid more attention to Mill as opposed to Ricardo and then Marks our world would definitely have been a safer and more peaceful place. Mill has some very sound economic ideas. His ideas are not only reasonable and rational they are possible, compassionate and much more sensible that what we have today; ideas that should be revived and reviewed today. He has a number of interesting answer to basic economic problems. If economics is your passion don't miss this one. This man is no dummy.
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