This edition presents Henry Vethake’s Principles of Political Economy as a focused, instruction-ready text. It explains core ideas clearly, defines terms carefully, and connects theory to public life and policy without assuming prior deep expertise.

This book frames the subject as a practical tool for students and informed readers alike. It treats wealth and capital as linked concepts, explores how value is formed, and shows how economic ideas relate to real-world issues like banking, currency, and government policy. Short, student-friendly chapters provide frequent chances to review and reflect on what has been learned.

Clear definitions of key terms and core concepts
Explanations of value, capital, rent, and the role of labor
Treatment of money, banking, and the move toward currency reform
Discussion of how political economy applies to everyday life and public affairs

Ideal for readers studying economics, public policy, or history of economic thought, and for anyone seeking a compact, practical introduction to the field.

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