The Elements of Political Economy in Bloomington, MN

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.