Principles Of Political Economy V1 (1893)

Principles of Political Economy is a comprehensive textbook written by Joseph Shield Nicholson and first published in 1893. The book serves as an introduction to the study of political economy, covering topics such as the nature of wealth, production, exchange, distribution, and consumption. It also delves into the role of government in economic affairs, including taxation, public expenditure, and regulation. Nicholson's writing style is clear and concise, making this book accessible to both students and scholars. The book is divided into three parts, each of which covers a different aspect of political economy. Part one provides an overview of the principles of political economy, while part two focuses on the theory of value and distribution. Part three examines the practical applications of political economy, such as international trade and economic policy.Throughout the book, Nicholson emphasizes the importance of empirical evidence and scientific analysis in understanding economic phenomena. He also emphasizes the role of ethics and social justice in economic decision-making, arguing that economic policies should be designed to promote the well-being of all members of society.Overall, Principles of Political Economy is a classic work in the field of economics, offering a comprehensive introduction to the subject that remains relevant today.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.