Principles of Political Economy: And Chapters on Socialism
ISBN: , SKU: , AUTHOR: Mill, John Stuart / Riley, Jonathan, PUBLISHER: Oxford University Press, USA, This volume unites, for the first time, Books IV ong>andong> V ong>ofong> Mill's great treatise on ong>politicalong> ong>economyong> with his fragmentary ong>Chaptersong> on Socialism. It shows him applying his classical economic theory to policy questions ong>ofong> lasting concern: the desirability ong>ofong> sustained growth ong>ofong> national wealth ong>andong> population, the merits ong>ofong> capitalism versus socialism, ong>andong> the suitable scope ong>ofong> government intervention in the competitive market ong>economyong>. His answers to those questions have prong>ofong>ound relevance today, ong>andong> they serve to illustrate the enduring power ong>andong> imagination ong>ofong> his distinctive liberal utilitarian philosophy. The lucid introduction ong>andong> explanatory notes clarify Mill's philosophy in relation to his economic theory, ong>andong> make full use ong>ofong> the most recent scholarship.