Essays on some unsettled Questions of Political Economy

Name: Essays on some unsettled Questions of Political Economy
Author: John Stuart Mill

By John Stuart Mill

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Economics

About This Book

The collection presents five essays examining core problems of political economy, beginning with an analysis of international exchange that explains how comparative costs determine gains from trade and how revenue duties differ from protective tariffs. Subsequent pieces trace how patterns of consumption shape production decisions, draw a distinction between productive and unproductive labor, and analyze the nature of profits and interest. A concluding essay defines the scope and proper methods of economic inquiry, emphasizing logical analysis and empirical grounding. Throughout, the author applies classical economic principles to practical questions about taxation, trade policy, and the distribution of national income.

About the Author

John Stuart Mill

John Stuart Mill (1806-1873) was a British philosopher, political economist, and civil servant, known for his contributions to liberal thought and utilitarianism. His seminal work, "On Liberty," explores the nature and limits of individual freedom, advocating for personal autonomy and social progress. Mill's writings on political economy, particularly in "Principles of Political Economy," address the complexities of economic theory and its implications for society. He also engaged with social issues, as seen in his essays on representative government and socialism. Mill's intellectual legacy continues to influence contemporary discussions on ethics, politics, and economics.