large/11381/principles_political_economy_1812_librivox_64kb_mp3/principlesofpoliticaleconomy_03_mill_64kb_26
large/11381/principles_political_economy_1812_librivox_64kb_mp3/principlesofpoliticaleconomy_03_mill_64kb
English
11381
Cairnes undoubtedly has given it its best statement. His argument on free trade (Part III, chapter iv) is the ablest and strongest to be found in modern writers. KARINS UNDOUBTEDLY HAS GIVEN IT ITS BEST STATEMENT HIS ARGUMENTS ON FREE TRADE PART THREE CHAPTER FOUR IS THE ABLEST AND STRONGEST TO BE FOUND IN MODERN WRITERS
, 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. E. Cairnes,(47) in his “Leading Principles of Political Economy newly expounded” (1874). Scarcely any previous writer has equaled him in logical clearness, originality, insight into economic phenomena, and lucidity of style. He subjected value, supply and demand, cost of production, and international trade, to a rigid investigation, which has given us actual additions to our knowledge of the study. The wages-fund theory was re-examined, and was stated in a new form, although Mr. Mill had given it up. 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 E KERINS IN HIS LEADING PRINCIPLES OF POLITICAL ECONOMY NEWLY EXPOUNDED EIGHTEEN SEVENTY FOUR HE SUBJECTED VALUE SUPPLYING DEMAND COST OF PRODUCTION AND INTERNATIONAL TRADE TO A RIGID INVESTIGATION WHICH HAS GIVEN US ACTUAL ADDITIONS TO OUR KNOWLEDGE OF THE STUDY THE WAGES FUN THEORY WAS RE EXAMINED AND WAS STATED IN A NEW FORM ALTHOUGH MISTER MILL HAD GIVEN IT UP
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