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First published 1864

The Principles of Political Economy, with some Inquiries respecting their Application (5th edition, 1864)

by John Ramsay McCulloch

Edinburgh: Adam and Charles Black, 1864 (5th ed.); Online Library of Liberty edition402 pages

The Principles of Political Economy, with some Inquiries respecting their Application (5th edition, 1864) by John Ramsay McCulloch is available as a free PDF and EPUB download at freecapitalists.org.

Author
John Ramsay McCulloch
First published
1864
Format
PDF and EPUB
Pages
402
Publisher
Edinburgh: Adam and Charles Black, 1864 (5th ed.); Online Library of Liberty edition
License
Public domain by publication date.

McCulloch's main treatise, first published in 1825 and here in the revised fifth edition of 1864. It gives the standard Ricardian account of value, production, distribution, and exchange, and applies it to free trade, taxation, money, and the poor laws. It was a leading British textbook of classical economics in the mid-nineteenth century.

What's in it

41 chapters · 184,765 words · free to read here

  1. PREFACE TO THIS EDITION.
  2. PREFACE TO THE THIRD EDITION.
  3. MR. McCULLOCH’S PUBLICATIONS.
  4. CONTENTS.
  5. SECT. I.—: DEFINITION OF POLITICAL ECONOMY.
  6. SECT. II.—: DEFINITION OF PRODUCTION—LABOUR THE ONLY SOURCE OF WEALTH.
  7. CHAPTER II.
  8. SECT. I.—: RIGHT OF PROPERTY.
  9. SECT. II.—: DIVISION OF EMPLOYMENTS AMONG INDIVIDUALS, OR, THE PRINCIPLE OF CO-OPERATION.
  10. SECT. III.—: DEFINITION OF CAPITAL—MODE IN WHICH IT CONTRIBUTES TO THE FORMATION OF WEALTH—CIRCUMSTANCES MOST FAVOURABLE FOR ITS ACCUMULATION.
  11. CHAPTER III.
  12. CHAPTER IV.
  13. CHAPTER V.
  14. CHAPTER VI.
  15. CHAPTER VII.
  16. CHAPTER VIII.
  17. CHAPTER IX.
  18. PART II.: VALUE AND PRICE.
  19. CHAPTER I.
  20. CHAPTER II.
  21. CHAPTER III.
  22. CHAPTER IV.
  23. PART III.: DISTRIBUTION OF WEALTH.
  24. CHAPTER I.
  25. CHAPTER II.
  26. SECT. I.—: CIRCUMSTANCES WHICH DETERMINE THE MARKET OR ACTUAL RATE OF WAGES.
  27. SECT. II.—: CIRCUMSTANCES WHICH DETERMINE THE NATURAL OR NECESSARY RATE OF WAGES.
  28. SECT. III.—: DIFFERENCE IN THEIR INFLUENCE OVER WAGES BETWEEN A DEMAND FOR LABOUR AND FOR ITS PRODUCTS.
  29. CHAPTER III.
  30. CHAPTER IV.
  31. CHAPTER V.
  32. CHAPTER VI.
  33. CHAPTER VII.
  34. CHAPTER VIII.
  35. CHAPTER IX.
  36. PART IV.: CONSUMPTION OF WEALTH.
  37. CHAPTER I.
  38. APPENDIX.
  39. About Liberty Fund
  40. The Online Library of Liberty
  41. Copyright Information

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