Elements of Political Economy.Baldwin, Cradock, and Joy, London , 1826 Stock Code: 128937
NotesThird edition, first published five years earlier, of what Palgrave calls "Mill's masterpiece". In his preface Mill describes the Elements as "a school-book in political economy" - it was in fact based on the lessons he gave to his then barely teenaged son John Stuart Mill - and he disavows any claim to originality. Born and educated in Scotland, James Mill (1773-1836) moved to England, making his living as a journalist, meanwhile writing what became a three-volume History of British India (1817), which led to long-term employment in the London office of the East India Company. Mill's thinking on economics was strongly influenced by his close friendship with David Ricardo and on public policy by Jeremy Bentham. The Elements is valuable as a summary of contemporary received theories.
Octavo. Uncut in original boards, rebacked preserving original printed label.
Ownership signature dated 1836 to front free endpaper. Light creasing to some pages. A very good copy.
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