large/11381/principles_political_economy_1812_librivox_64kb_mp3/principlesofpoliticaleconomy_03_mill_64kb_10
large/11381/principles_political_economy_1812_librivox_64kb_mp3/principlesofpoliticaleconomy_03_mill_64kb
English
11381
Chiefly as a foe of protection, which he regarded as qualified socialism, he has won a reputation for popular and clever writing; and he was led to believe in a general harmony of interests between industrial classes; but in general he can not be said to have much influenced the course of French thought. CHIEFLY AS A FOE OF PROTECTION WHICH HE REGARDED AS QUALIFIED SOCIALISM HE HAS WON A REPUTATION FOR POPULAR AND CLEVER WRITING AND HE IS LED TO BELIEVE IN A GENERAL HARMONY OF INTEREST BETWEEN INDUSTRIAL CLASSES BUT IN GENERAL HE CANNOT BE SAID TO HAVE MUCH INFLUENCE OVER THE COURSE OF FRENCH THOUGHT
s, they have made no actual addition to the existing body of principles; although questions of distribution and taxation are certainly not yet fully settled, as is seen by the wide differences of opinion expressed on subjects falling within these heads by writers of to-day. It now remains to complete this sketch of the growth of political economy by a brief account of the writers on the Continent and in the United States, beginning with France. About the time of the founding of the London “Economist” (1844) and “The Statistical Journal” (1839) in England, there was established in Paris the “Journal des Économistes” (1842), which contains many valuable papers. On the whole, the most popular writer since J. B. Say has been Bastiat,(56) who aspired to be the French Cobden. He especially urged a new(57) view of value, which he defined as the relation established by an exchange of services; that nature’s products are gratuitous, so that man can not exact anything except for a given service.  THEY HAVE MADE NO ACTUAL ADDITION TO THE EXISTING BODY OF PRINCIPLES ALTHOUGH QUESTIONS OF DISTRIBUTION AND TAXATION ARE CERTAINLY NOT YET FULLY SETTLED AS IS SEEN BY THE WIDE DIFFERENCES OF OPINION EXPRESSED ON SUBJECTS FALLING WITHIN THESE HEADS BY WRITERS OF TO DAY IT NOW REMAINS TO COMPLETE THIS SKETCH OF THE GROWTH OF POLITICAL ECONOMY BY A BRIEF ACCOUNT OF THE WRITERS ON THE CONTINENT AND IN THE UNITED STATES BEGINNING WITH FRANCE ABOUT THE TIME OF THE FOUNDING OF THE LONDON ECONOMIST EIGHTEEN FORTY FOUR AND THE STATISTICAL JOURNAL EIGHTEEN THIRTY NINE IN ENGLAND THERE WAS ESTABLISHED IN PARIS THE GERNAL DE ECONOMIST EIGHTEEN FORTY TWO WHICH CONTAINS MANY VALUABLE PAPERS ON THE WHOLE THE MOST POPULAR WRITER SINCE J B SAY HAS BEEN BASTA WHO INSPIRED TO BE THE FRENCH COBDEN HE ESPECIALLY URGED A NEW VIEW OF VALUE WHICH HE DEFINED AS THE RELATION ESTABLISHED BY AN EXCHANGE OF SERVICES THAT NATURE'S PRODUCTS ARE GRATUITOUS SO THAT MAN CANNOT EXACT ANYTHING EXCEPT FOR A GIVEN SERVICE
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