Principles of Political Economy: And Chapters on Socialism

Front Cover
Oxford University Press, 1998 - Business & Economics - 450 pages
4 Reviews
This volume unites, for the 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 theory to policy questions of lasting concern: the desirability of sustained growth of national wealth and population, the merits of capitalism versus socialism, and the suitable scope of government intervention in the competitive market economy. His answers to those questions have profound relevance today, and they serve to illustrate the enduring power and imagination of his distinctive liberal utilitarian philosophy. The lucid introduction and explanatory notes clarify Mill's philosophy in relation to his economic theory, and make full use of the most recent scholarship.

What people are saying - Write a review

Review: Principles of Political Economy: And Chapters on Socialism

User Review  - Daniel P - Goodreads

This was the pre-eminent economics text of it's time for a reason --while I've only read about 100 pages in selections, the way in which Mill explains and contextualizes models of the economy was ... Read full review

Review: Principles of Political Economy: And Chapters on Socialism

User Review  - Jake - Goodreads

Sometimes its easier to read economic philosophy from the 18th and 19th centuries because of the way it begins simply and then builds upon itself until a complex, but understandable, framework lays ... Read full review


Select Bibliography I
Explanatory Notes

Other editions - View all

Common terms and phrases

References to this book

Business: The Key Concepts
Mark Vernon
No preview available - 2002
All Book Search results »

About the author (1998)

Jonathan Riley is Associate Professor, Murphy Institute, Tulane University. He is also the author of Liberal Utilitarianism: Social Choice Theory and J. S. Mill's Philosophy (OUP, 1988).

Bibliographic information