Principles Of Political Economy V1 (1893) - Joseph Shield Nicholson - Bog

Principles of Political Economy Volume 1, written by Joseph Shield Nicholson and first published in 1893, is a comprehensive and in-depth exploration of the principles and theories of political economy. The book is divided into three parts, each of which covers a different aspect of the subject. Part one focuses on the nature and scope of political economy, discussing the different types of economic systems and the principles that underlie them. It also covers the history of political economy and the various schools of thought that have contributed to its development. Part two delves into the theory of value, examining the factors that determine the value of goods and services and the role of supply and demand in the market. It also explores the concept of distribution, discussing the different factors that influence the distribution of wealth and income in society. Part three focuses on the role of government in the economy, discussing the various ways in which governments can intervene to promote economic growth and stability. It covers topics such as taxation, public expenditure, and monetary policy, as well as the role of international trade and finance. Throughout the book, Nicholson provides clear and accessible explanations of complex economic theories, making it an ideal resource for students and scholars of economics, as well as anyone interested in understanding the principles that underlie modern economic systems.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.