The Elements of Political Economy

An instant classic when it was first published in 1821, The Elements of Political Economy, by Scottish historian, economist, and philosopher JAMES MILL (1773-1836), remains required reading for anyone wishing to understand the development of industrial economies across the globe in recent centuries. Mill discusses: . rent, wages, and profits . the interchange of commodities . the advantages and disadvantages of paper money . productive and unproductive consumption . taxes . and more.