The Common Sense Of Political Economy

The Common Sense of Political Economy is a book written by Philip Henry Wicksteed in 1910. It is a study of the human basis of economic law and provides a comprehensive analysis of the principles of political economy. The book is divided into three parts, with the first part discussing the nature and scope of political economy. The second part deals with the principles of production, exchange, and distribution, while the third part examines the ethical and social aspects of economic theory. Wicksteed argues that the laws of economics are not arbitrary, but are based on the natural tendencies of human beings. He emphasizes the importance of understanding human nature in order to understand economic behavior. The book also includes a detailed discussion of the theory of value, which Wicksteed sees as the foundation of economic theory. Overall, The Common Sense of Political Economy is a seminal work in the field of economics, providing a clear and insightful analysis of the principles of political economy and the human basis of economic law.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.