Economics of J S Mill.
- 1st ed.
- 1 online resource (1066 pages)
Intro -- CONTENTS -- PREFACE -- ACKNOWLEDGEMENTS -- 1 THE METHODOLOGICAL AND DOCTRINAL HERITAGE -- I: Introduction -- II: James Mill -- III: Ricardo's method: contrasts with James Mill -- IV: Inductivist critics of Ricardo and their reception -- V: The classical growth model -- VI: On prediction: 'the condition of the people' issue -- VII: The case of Thomas Chalmers -- VIII: The case of Mountifort Longfield -- IX: Conclusion -- 2 ON SCOPE AND METHOD -- I: Introduction -- II: On scientific method in general -- III: The new perspective on political economy -- IV: The case for 'deductive' social science -- V: 'Economic man': the case for specialization -- VI: Specialization and the problem of disturbing causes -- VII: 'Verification' and model improvement -- VIII: Political economy and prediction -- IX: On ethology and progress -- X: A comparison of Mill and Senior -- XI: The Cambridge (inductivist) critics -- XII: The universality of the method of political economy -- 3 TRANSITION TO THE PRINCIPLES -- I: The essay on method and the Principles -- II: Ricardian theory, Smithian framework -- III: The Comte connection -- IV: The strategy -- V: Summary and conclusion -- 4 THE SOURCES OF INCREASED EFFICIENCY -- I: The treatment of factual materials -- II: The historical dimension -- III: 'Qualitative' determinants of productivity -- IV: Quantitative technical relationships: scale economies -- V: Quantitative technical relationships: diminishing returns -- VI: The laws of production and distribution: political economy and knowledge -- VII: On contemporary and prospective economic progress -- VIII: Land tenure and motivation -- 5 ALLOCATION, TRADE AND DISTRIBUTION -- I: Introduction -- II: Aspects of national accounting -- III: Derived demand -- IV: Consumer behaviour -- V: Short-run price formation -- VI: Cost price and profitrate equalization. VII: Demand-supply and cost price: the adjustment mechanism -- VIII: Variable-cost conditions -- IX: Imperfect competition -- X: The wage and profit structure -- XI: International values -- XII: The fundamental theorem on distribution and the measure of value -- XIII: The fundamental theorem generalized -- XIV: The fundamental theorem and allocation -- 6 CAPITAL, EMPLOYMENT AND GROWTH -- I: Introduction -- II: On capital and capital maintenance -- III: Aggregate employment capacity: 'demand for commodities is not demand for labour' -- IV: On machinery -- V: The wages-fund theory and economic organization -- VI: The wages-fund as equilibrium solution -- VII: The wages-fund theory: the recantation interpreted -- VIII: The wages-fund theory and the fundamental theorem on distribution -- IX: 'Statics' and 'dynamics' -- X: Capital-supply conditions and the minimum rate of return -- XI: Labour-supply conditions -- XII: The wage path -- XIII: Application to the contemporary labour market -- XIV: 'The tendency of profits to a minimum' -- XV: Secular trend and cycle -- XVI: Secular trend and the law of markets -- 7 MONEY AND BANKING: THEORY AND POLICY -- I: The law of markets: general issues -- II: The law of markets: early formulations -- III: The Principles: the cyclical context -- IV: The quantity theory -- V: Money and the rate of interest -- VI: Bank finance and the cycle: implications for monetary policy -- VII: On the control of central banking -- VIII: Concluding note -- 8 ON UTILITY AND LIBERTY -- I: Introduction: the Schumpeterian version of Benthamism -- II: The Benthamite position: a summary statement -- III: The greatest happiness principle: the reaction from Bentham -- IV: The greatest happiness principle post-1840: the return to Bentham -- V: The return to Bentham continued: on 'utilitarianism' and the status of justice. VI: The greatest happiness principle: some comparisons and problems -- VII: Liberty, utility and social control -- VIII: The labour problem and private property: some preliminary implications -- IX: On compensation -- X: Utility versus natural rights: applications to labour and property -- 9 ECONOMIC POLICY: THE ROLE OF GOVERNMENT -- I: Introduction -- II: The case for 'free trade' -- III: Government provision: negative considerations -- IV: The case from liberty: consumer choice -- V: Market failure -- VI: Elementary education -- VII: 'Superior' education -- VIII: Professional training -- IX: Mill and education: an overview -- X: Foreign trade policy -- XI: Government and economic development -- XII: Population control, poor relief and full employment policy -- XIII: On local and central administration -- XIV: The labour market: regulation of hours and unions -- XV: Colonization -- XVI: Monopoly and the state -- XVII: Patent protection -- XVIII: Summary: progress and the state -- 10 ECONOMIC POLICY: SOCIAL ORGANIZATION -- I: Introduction -- II: Aspects of the indictment of capitalism -- III: The Communist solution -- IV: The Saint-Simonian and Fourierist solutions -- V: Profit-sharing -- VI: Co-operation: prospects and advantages -- VII: The collectivist option rejected -- VIII: On Socialism: summary -- 11 ECONOMIC POLICY: THE REFORM PROGRAMME -- I: Introduction -- II: Equality of opportunity and property rights -- III: Land reform: distributive aspects -- IV: Land reform: efficiency aspects -- V: Land reform: Ireland -- VI: On endowment and property rights -- VII: Income distribution and public finance -- VIII: On inheritance -- IX: Limitations on bequests and distribution: diminishing utility -- X: The desirability of economic development and the stationary state -- XI: The condition of the people: the poverty trap and the solution. XII: The condition of the people: trade unionism -- XIII: Mill and 'bourgeois' bias -- CONCLUSION: SOME CENTRAL THEMES -- I: Mill, Ricardianism and the historical school -- II: Mill and neoclassicism -- III: Mill and marginal utility -- IV: Mill and mathematical economics -- V: Mill and Malthusianism -- VI: The charge of 'scientism' -- VII: The empirical dimension: on the 'reality' of axioms and model improvement -- Appendix: Attitudes towards Birth Control -- Appendix: The Hubbard Issue -- Appendix: On the Socialist Conference -- BIBLIOGRAPHY -- INDEX -- A -- B -- C -- D -- E -- F -- G -- H -- I -- J -- K -- L -- M -- N -- O -- P -- Q -- R -- S -- T -- U -- V -- W -- Y.
Hollander has produced a study that will stand for many years on the economic thought of John Stuart Mill.