Some Leading Principles Of Political Economy

""Some Leading Principles of Political Economy: Newly Expounded"" is a book written by John Elliott Cairnes and first published in 1874. It is a comprehensive study of the principles of political economy, which is the study of how societies allocate resources to satisfy their needs and wants. The book is divided into several chapters, each dealing with a different aspect of political economy, such as production, distribution, consumption, and exchange. Cairnes argues that political economy is a science, and as such, it must be based on empirical evidence and logical reasoning. He stresses the importance of studying economic phenomena in their historical and social context, and he emphasizes the role of institutions, such as property rights and the legal system, in shaping economic outcomes. One of the key themes of the book is the idea of economic growth and development. Cairnes argues that economic growth is essential for improving the standard of living of people, and he discusses the various factors that contribute to economic growth, such as technological innovation, investment, and education. He also examines the role of government in promoting economic growth, arguing that government policies should be designed to encourage entrepreneurship, innovation, and investment. Overall, ""Some Leading Principles of Political Economy: Newly Expounded"" is a seminal work in the field of political economy. It provides a comprehensive overview of the principles of the discipline and offers insights into the workings of the economy and the role of government in promoting economic growth and development.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.