Principles Of Political Economy Mill John StuartPaperback / softback
The standard economics textbook for more than a generation, John Stuart Mill's Principles of Political Economy (1848) was really as much a synthesis of his predecessors' ideas as it was an original…
Specifikacia Principles Of Political Economy Mill John StuartPaperback / softback
The standard economics textbook for more than a generation, John Stuart Mill's Principles of Political Economy (1848) was really as much a synthesis of his predecessors' ideas as it was an original economic treatise. Heavily influenced by the work of David Ricardo, and also taking ideas from Adam Smith and Thomas Malthus, Mill systematically demonstrated how important economic concepts could be applied to real-world situations. In his emphasis on realism, Mill thus took economics out of the realm of the abstract and placed it squarely within the context of society. For instance, he made a convincing case that wages, rent, and profit are not necessarily the expression of immutable laws that are independent of society. Rather, they are in actuality the results of social institutions and as such can be changed if the members of a society move to break traditional institutional habits.