The Principles of Political Economy

"The Principles of Political Economy," written by John Stuart Mill, explores the relationships between economics, society, and government. It examines how resources are produced, distributed, and consumed, emphasizing the importance of both individual freedom and social welfare. Mill discusses concepts like supply and demand, the role of labor, and the impact of government policies on economic growth. He advocates for balancing private interests with collective needs, suggesting that while individual pursuits drive prosperity, a just society should ensure equitable access to resources for all citizens.