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