The Logic Of Political Economy (1844) - Thomas Quincey De

The Logic of Political Economy is a seminal work on economics written by Thomas De Quincey in 1844. The book is a philosophical treatise that explores the fundamental principles of political economy, focusing on the logical basis of economic theory. De Quincey argues that the key to understanding economic phenomena lies in the application of logical principles, rather than in empirical observation alone.The book is divided into two parts. The first part deals with the general principles of political economy, including the nature of wealth, the production and distribution of goods, and the role of money in the economy. De Quincey argues that the value of goods is determined by the amount of labor required to produce them, and that the distribution of wealth should be based on merit rather than on arbitrary social distinctions.The second part of the book focuses on specific economic issues, such as the role of government in the economy, the relationship between supply and demand, and the nature of competition. De Quincey argues that government intervention in the economy should be limited, and that competition is the key to economic growth and prosperity.Overall, The Logic of Political Economy is a groundbreaking work that helped to establish economics as a distinct field of study. It remains a valuable resource for anyone interested in the history of economic thought or the principles of political economy.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.

EAN: 9781104917616