Principles of Political Economy: Part the First: Of the Laws of the Production and Distribution of Wealth (Classic Reprint) - Hardcover

H. C. Carey

9780656281435: Principles of Political Economy: Part the First: Of the Laws of the Production and Distribution of Wealth (Classic Reprint)

Hardcover

ISBN 10: 065628143X ISBN 13: 9780656281435

Publisher: Forgotten Books, 2018

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Understand the laws that govern how wealth is produced and shared across societies.

This classic work from the early 19th century examines how labor, capital, and land interact to determine value, wages, profits, and rent. It challenges received views and presents a broad, system‑level look at economic life and its moral and social implications.

The book surveys the theory of production and value, critiques prevailing theories, and argues for a unified view of how nations grow wealth. It also discusses the connections between individual markets and the fortunes of nations, offering a historical perspective on debates that shaped economic policy for generations.

How rent arises from soil fertility and the use of land in production
How wages and profits are determined and how they change with capital depth and labor quality
How improvements in technology and capital affect production, consumption, and trade
The claim that harmonious growth of capital and labor benefits society and nations

Ideal for readers interested in the history of economic thought, the evolution of political economy, and how early economists approached production, value, and distribution.

nonfiction

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