large/11381/principles_political_economy_1812_librivox_64kb_mp3/principlesofpoliticaleconomy_03_mill_64kb_106
large/11381/principles_political_economy_1812_librivox_64kb_mp3/principlesofpoliticaleconomy_03_mill_64kb
English
11381
E. Cairnes,(47) in his "Leading Principles of Political Economy newly expounded" (1874). E KERINS IN HIS LEADING PRINCIPLES OF POLITICAL ECONOMY NEWLY EXPOUNDED
litical economy was but one of the sciences, a knowledge of which was necessary to a legislator in reaching a decision upon social questions. Mill shows an advance beyond Ricardo in this treatise, by giving the study a more practical direction. Although it is usual to credit Mill with originating the laws of international values, yet they are but a development of Ricardo’s doctrine of international trade, and Mill’s discussions of the progress of society toward the stationary state were also hinted at, although obscurely, by Ricardo. In the volumes of Mr. Mill the subject is developed as symmetrically as a proof in geometry. While he held strongly to free trade,(45) he gave little space to the subject in his book. All in all, his book yet remains the best systematic treatise in the English language, although much has been done since his day.(46) He who has improved upon previous conceptions, and been the only one to make any very important advance in the science since Mill’s day, is J. AW DISTINCTLY THAT POLITICAL ECONOMY WAS BUT ONE OF THE SCIENCES A KNOWLEDGE OF WHICH WAS NECESSARY TO A LEGISLATOR IN REACHING A DECISION UPON SOCIAL QUESTIONS MILL SHOWS AN ADVANCE BEYOND RICARDO IN THIS TREATISE BY GIVING THE STUDY A MORE PRACTICAL DIRECTION ALTHOUGH IT IS USUAL TO CREDIT MILL WITH ORIGINATING THE LAWS OF INTERNATIONAL VALUES YET THEY ARE BUT A DEVELOPMENT OF RICARDO'S DOCTRINE OF INTERNATIONAL TRADE AND MILL'S DISCUSSIONS OF THE PROGRESS OF SOCIETY TOWARDS THE STATIONARY STATES WERE ALSO HINTED AT ALTHOUGH OBSCURELY BY RICARDO IN THE VOLUMES OF MISTER MILL THE SUBJECT IS DEVELOPED AS SYMMETRICALLY AS A PROOF IN GEOMETRY WHILE HE HELD STRONGLY TO FREE TRADE HE GAVE LITTLE SPACE TO THE SUBJECT IN HIS BOOK ALL IN ALL HIS BOOK YET REMAINS THE BEST SYSTEMATIC TREATISE IN THE ENGLISH LANGUAGE ALTHOUGH MUCH HAS BEEN DONE SINCE HIS DAY HE WHO HAS IMPROVED UPON PREVIOUS CONCEPTIONS AND BEEN THE ONLY ONE TO MAKE ANY VERY IMPORTANT ADVANCE IN THE SCIENCE SINCE MILL'S DAY IS J
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