An instant classic when it was first published in 1821, The Elements of Political Economy, by Scottish historian, economist, and philosopher JAMES MILL (1773-1836), remains required reading for anyone wishing to understand the development of industrial economies across the globe in recent centuries.
Mill discusses:
. rent, wages, and profits
. the interchange of commodities
. the advantages and disadvantages of paper money
. productive and unproductive consumption
. taxes
. and more.
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