FS - Principles of Political Economy Vol I & II John Stuart Mill (1893)

Principles of Political Economy with Some of Their Applications to
Social Philosophy, Vol I & II
John Stuart Mill 1893

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Principles of Political Economy with Some of Their Applications to
Social Philosophy, Vol I

& II
John Stuart Mill
Publishing Info: D. Appleton and Company, 1893

Book Condition:

Volume I: Very Good copy with clean cloth and well defined edges,
strong binding, minor wear to spine edges. All pages are intact.
Previous owner's names written on inside front cover and front
endpaper. Nice gold lettering to spine on dark brown cover, with black
borders.

Volume II: Very Good copy with clean cloth and well defined edges,
strong binding, minor wear to spine edges. All pages are intact.
Previous owner's names written on inside front cover and front
endpaper. Nice gold lettering to spine on dark brown cover, with black
borders.

About the Book

John Stuart Mill originally wrote the Principles of Political Economy,
with some of their Applications to Social Philosophy very quickly,
having studied economics under the rigorous tutelage of his father,
James, since his youth. It was published in 1848 in London and was
republished with changes and updates a total of seven times in Mill's
lifetime. It became
the leading economic textbook in the English-speaking world for the
rest of the century. His methodical and thorough treatment of
economics made his work a text-book for more than a generation, and
largely determined the scope of most of the treatises of his own and
the succeeding period, even of those written by independent thinkers.

Principles was intended to modify the abstract and sometimes cold-
hearted classical political economy. Though his introduction of an
historical method did not advance the subject greatly, his perception
of the limits to the applicability of abstract-deductive analysis was
important. His attacks on the cult of wealth, his concern with the
problems of growth and development, his treatment of the question of
population and his sympathy with the working man all reflect his
humanitarian approach. His analytical ideas on money, international
trade and the dynamics of distribution have all been highly praised.
On the role of the State in economic life, he struck a judicious
balance between his defense of individual freedom and the recognition
of a need for some State intervention, in cases such as that of infant
industries.

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