Principles of Political Economy, Vol. 1 (Classic Reprint)

This book is a treatise on the principles of political economy, authored by a leading scholar in the field. It is a comprehensive and exhaustive examination of the subject from a historical perspective, intended to appeal to a general, non-specialist audience. The author has endeavoured to make economics accessible, and the text is designed to be useful to both students and laypeople. It delves into the history of economic principles, contrasting different viewpoints and mapping important developments in economic thought. The book provides a window into the historical development of political economy. Rich in erudition and scholarly detail, the text draws upon a wealth of historical, ethnographic, and statistical features to illuminate economic concepts. The author places heavy emphasis upon the idea of an 'organic' economy, viewing the economy as an organism subject to growth and decay like any other living system. The book shines a light upon how economies are affected by external factors such as climate, geography, and technological advancements. It also examines how economies are shaped by internal factors such as the division of labor, the accumulation of capital, and population growth. In this way, it positions political economy within the broader framework of the natural sciences and human history. The ideas presented are nuanced and complex, encouraging readers to think critically about the history of political economy and its implications for the present day. By tracing the evolution of economic thought over time, this book provides an essential foundation for understanding the complex economic challenges facing our modern world.Forgotten Books publishes hundreds of thousands of rare and classic books.This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.This text has been digitally restored from a historical edition. Some aesthetic errors may persist, however it has been deemed that any such will not detract from the work's significant historical value.The digital edition of all books may be viewed on our website before purchase.