Essays on some unsettled Questions of Political Economy - Softcover

John Stuart Mill

Softcover

ISBN 10: 1517309654 ISBN 13: 9781517309657

Publisher: CreateSpace Independent Publishing Platform, 2015

Synopsis

"[...]none of it in producing the article in which our advantage is least, but devoting it all to the production of that in which our advantage is greatest, and giving this to the foreign country in exchange for the other. It is not a difference in the absolute cost of production, which determines the interchange, but a difference in the comparative cost. It may be to our advantage to procure iron from Sweden in exchange for cottons, even although the mines of England as well as her manufactories should be more productive than those of Sweden; for if we have an advantage of one-half in cottons, and only an advantage of a quarter in iron, and could sell our cottons to Sweden at the price which Sweden must pay for them if [...]".

About this title

About the Author

John Stuart Mill was an English philosopher, politician and economist most famous for his contributions to the theory of utilitarianism. The author of numerous influential political treatises, Mill s writings on liberty, freedom of speech, democracy and economics have helped to form the foundation of modern liberal thought. His 1859 work, On Liberty, is particularly noteworthy for helping to address the nature and limits of the power of the state over the individual. Mills has become one of the most influential figures in nineteenth-century philosophy, and his writings are still widely studied and analyzed by scholars. Mills died in 1873 at the age of 66.

About this edition

• Publisher: CreateSpace Independent Publishing Platform
• Publication date: 2015
• ISBN 10: 1517309654
• ISBN 13: 9781517309657
• Binding: Paperback
• Number of pages: 68