Principles of Political Economy / Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political EconomyJohn Stuart Mill
Principles of Political Economy / Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
This is John Stuart Mill's systematic treatise on political economy, presented here in an abridged edition with notes by J. Laurence Laughlin. It explores the production and distribution of wealth, capital, labor, and the laws of exchange. Listeners interested in the foundations of classical economic thought will find it a clear and wide-ranging survey.
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Text source: gutenberg.org · The work is in the public domain.
Opening of the book
Principles Of Political Economy By John Stuart Mill Abridged, with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy, By J. Laurence Laughlin, Ph. D. Assistant Professor of Political Economy in Harvard University A Text-Book For Colleges.
New York: D. Appleton And Company, 1, 3, and 5 Bond Street. 1885 Contents Preface. Introductory. A Sketch Of The History Of Political Economy. Books For Consultation (From English, French, And German Authors). Preliminary Remarks. Book I. Production. Chapter I. Of The Requisites Of Production. § 1. The requisites of production. § 2. The Second Requisite of Production, Labor. § 3. Of Capital as a Requisite of Production. Chapter II. Of Unproductive Labor. § 1. Definition of Productive and Unproductive Labor. § 2. Productive and Unproductive Consumption. § 3. Distinction Between Labor for the Supply of Productive Consumption and Labor for the Supply of Unproductive Consumption. Chapter III. Of Capital. § 1. Capital is Wealth Appropriated to