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"Essays on Some Unsettled Questions of Political Economy" is a collection of essays written by the famous British philosopher and economist, John Stuart Mill. In the first essay, Mill examines the concept of free trade and argues that it benefits both trading nations. The second essay explores the relationship between demand and supply and the role of consumption in promoting economic growth. The third essay debates the definitions of productive and unproductive labor, arguing that they are not clear-cut categories. The fourth essay delves into the question of why profits are necessary for a…mehr

Produktbeschreibung
"Essays on Some Unsettled Questions of Political Economy" is a collection of essays written by the famous British philosopher and economist, John Stuart Mill. In the first essay, Mill examines the concept of free trade and argues that it benefits both trading nations. The second essay explores the relationship between demand and supply and the role of consumption in promoting economic growth. The third essay debates the definitions of productive and unproductive labor, arguing that they are not clear-cut categories. The fourth essay delves into the question of why profits are necessary for a capitalist system and whether interest rates are determined by supply and demand. Finally, the fifth essay discusses the nature and scope of political economy, arguing that it should be considered a social science rather than a natural science. Overall, "Essays on Some Unsettled Questions of Political Economy" is an insightful book that continues to be studied and debated by economists and scholars today. Mill's ideas on free trade, consumption, labor, profits, and the nature of political economy remain relevant and influential in contemporary economic discourse.
Autorenporträt
John Stuart Mill (20 May 1806 - 7 May 1873) was an English philosopher, political economist, politician and civil servant. One of the most influential thinkers in the history of classical liberalism, he contributed widely to social theory, political theory, and political economy. Dubbed "the most influential English-speaking philosopher of the nineteenth century" by the Stanford Encyclopedia of Philosophy,[11] he conceived of liberty as justifying the freedom of the individual in opposition to unlimited state and social control.[12]Mill was a proponent of utilitarianism, an ethical theory developed by his predecessor Jeremy Bentham. He contributed to the investigation of scientific methodology, though his knowledge of the topic was based on the writings of others, notably William Whewell, John Herschel, and Auguste Comte, and research carried out for Mill by Alexander Bain. He engaged in written debate with Whewell.[13]A member of the Liberal Party and author of the early feminist work The Subjection of Women, Mill was also the second member of Parliament to call for women's suffrage after Henry Hunt in 1832