large/11381/principles_political_economy_1812_librivox_64kb_mp3/principlesofpoliticaleconomy_03_mill_64kb_67
large/11381/principles_political_economy_1812_librivox_64kb_mp3/principlesofpoliticaleconomy_03_mill_64kb
English
11381
While not contributing much that was new, Say did a great service by popularizing previous results in a happy and lively style, combined with good arrangement, and many illustrations. The theory that general demand and supply are identical is his most important contribution to the study. WHILE NOT CONTRIBUTING MUCH THAT WAS NEW THEY DID A GREAT SERVICE BY POPULARIZING PREVIOUS RESULTS IN A HAPPY AND LIVELY STYLE COMBINED WITH GOOD ARRANGEMENT IN MANY ILLUSTRATIONS THE THEORY THAT GENERAL DEMAND AND SUPPLY ARE IDENTICAL IS HIS MOST IMPORTANT CONTRIBUTION TO THE STUDY
poorest instrument which society found necessary to use, resulted in the law of rent. Ricardo, moreover, carried out this principle as it affected wages, profits, values, and the fall of profits; but did not give sufficient importance to the operation of forces in the form of improvements acting in opposition to the tendency toward lessened returns. The theory of rent still holds its place, although it has met with no little opposition.(36) A doctrine, quite as important in its effects on free exchange, was clearly established by Ricardo, under the name of the doctrine of “Comparative Cost,” which is the reason for the existence of any and all international trade. The work of Adam Smith was soon known to other countries, apart from translations. A most lucid and attractive exposition was given to the French by J. B. Say, “Traité d’économie politique” (1803), followed, after lecturing in Paris from 1815-1830, by a more complete treatise,(37) “Cours complète d’économie politique” (1828).  INTRODUCTORY A SKETCH OF THE HISTORY OF POLITICAL ECONOMY PART TWO OF PRINCIPLES OF POLITICAL ECONOMY THIS IS A LIBERVOX RECORDING ALL LIBERVOX RECORDINGS ARE IN THE PUBLIC DOMAIN FOR MORE INFORMATION OR TO VOLUNTEER PLEASE VISIT LIBERVOX DOT ORG RECORDING BY AIRNE RIVERA PRINCIPLES OF POLITICAL ECONOMY BY JOHN STUART MILL ABRIDGED BY J LAWRENCE LAWLIN INTRODUCTORY PART TWO THE WORK OF ADAM SMITH WAS SOON KNOWN TO OTHER COUNTRIES APART FROM TRANSLATIONS A MOST LUCID AND ATTRACTIVE EXPOSITION WAS GIVEN TO THE FRENCH BY J B SAY TREIT DE ECONOMI POLITIC EIGHTEEN O THREE FOLLOWED AFTER LECTURING IN PARIS FROM EIGHTEEN FIFTEEN TO EIGHTEEN THIRTY BY A MORE COMPLETE TREATISE CUO COMPLETE DE ECONOMI POLITIC EIGHTEEN TWENTY EIGHT
large/11381/principles_political_economy_1812_librivox_64kb_mp3/principlesofpoliticaleconomy_03_mill_64kb
file
download/librilight/large/11381/principles_political_economy_1812_librivox_64kb_mp3/principlesofpoliticaleconomy_03_mill_64kb.flac