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Essays On Some Unsettled Questions Of Political Economy by John Stuart Mill

Essays On Some Unsettled Questions Of Political Economy

by John Stuart Mill
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Book cover type: Paperback
  • ISBN13: 9781419118401
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Kessinger Publishing
  • Publisher Imprint: Kessinger Publishing
  • Publication Date:
  • Pages: 116
  • Original Price: USD 21.95
  • Language: English
  • Edition: N/A
  • Item Weight: 214 grams
  • BISAC Subject(s): Political Economy

""Essays On Some Unsettled Questions Of Political Economy"" is a collection of essays written by John Stuart Mill, one of the most influential thinkers of the 19th century. The book was first published in 1844 and contains four essays that address some of the most pressing issues of political economy at the time. In the first essay, Mill discusses the concept of production and the role of labor in creating wealth. He argues that labor is the source of all value and that the value of a product is determined by the amount of labor that goes into its production. The second essay deals with the issue of distribution, particularly the distribution of wealth. Mill argues that the distribution of wealth should be based on merit rather than inheritance or other forms of privilege. The third essay is concerned with the role of government in the economy. Mill argues that the government should play a limited role in the economy, but that it has a responsibility to ensure that the basic needs of its citizens are met. The final essay deals with the issue of international trade. Mill argues that free trade is beneficial for all nations and that protectionism only serves to benefit a small group of people at the expense of the rest of society. Overall, ""Essays On Some Unsettled Questions Of Political Economy"" is a thought-provoking and influential work that continues to be studied and debated by economists and political thinkers today.The proper view of capital is, that anything whatever, which a person possesses, constitutes his capital, provided he is able, and intends, to employ it, not in consumption for the purpose of enjoyment, but in possessing himself of the means of production, with the intention of employing those means productively. Now the means of production are labour, implements, and materials. The only productive power which anywhere exists, is the productive power of labour, implements, and materials.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.

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