A New Political Economy (1882)

A New Political Economy is a book written by John Milton Gregory in 1882. The book discusses the principles of political economy, which is the study of how societies allocate resources and distribute wealth. The author argues that a new approach to political economy is needed, one that takes into account the social and moral implications of economic decisions. Gregory's book is divided into three parts. The first part provides an overview of political economy and its history. The second part discusses the principles of production, distribution, and consumption. The author argues that these principles must be grounded in moral and social considerations, rather than purely economic ones. The third part of the book focuses on specific economic issues, such as taxation, international trade, and the role of government in the economy. Gregory argues that government intervention is necessary to ensure that economic decisions are made in the best interests of society as a whole. Overall, A New Political Economy is a thought-provoking book that challenges traditional economic thinking. The author's emphasis on the social and moral implications of economic decisions is still relevant today, making this book a must-read for anyone interested in economics or politics.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.