The Principles Of Political Economy

The Principles of Political Economy: Applied to the Condition, the Resources and the Institutions of the American People is a book written by Francis Bowen in 1856. The book is an analysis of the American economy and institutions during the mid-19th century. Bowen's work is a comprehensive study of the economic principles that govern the production, distribution, and consumption of goods and services in a society. The book is divided into three main parts. The first part deals with the general principles of political economy, including topics such as the division of labor, the theory of value, and the laws of supply and demand. The second part focuses on the condition and resources of the American people, examining topics such as agriculture, manufacturing, and transportation. The third part discusses the institutions of the American people, including the government, banking, and the legal system.Throughout the book, Bowen emphasizes the importance of free trade and competition in promoting economic growth and prosperity. He also argues for the need for government intervention in certain areas, such as the regulation of monopolies and the protection of workers' rights. Overall, The Principles of Political Economy is an important work in the history of economic thought and provides valuable insights into the economic and social conditions of mid-19th century America.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.