Publisher's Synopsis
Introduction to Political Economy is a book written by Arthur Latham Perry, first published in 1880. The book is a comprehensive introduction to the principles of political economy, which is the study of how societies allocate resources and distribute goods and services. Perry's work covers a wide range of topics, including the history of economic thought, the principles of supply and demand, the role of government in the economy, and the causes and effects of economic growth and development. The book is divided into two parts, with the first part providing an overview of the basic concepts and principles of political economy. This section covers topics such as value, exchange, production, and distribution. The second part of the book delves deeper into specific economic issues, such as the role of money and credit, the relationship between labor and capital, and the impact of technological change on the economy.Throughout the book, Perry emphasizes the importance of understanding the social and political context in which economic decisions are made. He argues that economic policies and practices cannot be understood in isolation from broader social and political forces, and that a comprehensive understanding of political economy requires a holistic approach that takes into account a wide range of factors.Overall, Introduction to Political Economy is a classic work of economic theory that provides a solid foundation for anyone interested in understanding the principles of political economy. Its clear and concise writing style, combined with its comprehensive coverage of key economic concepts and issues, make it an essential resource for students and scholars alike.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.