Principles of Political Economy · John Stuart Mill
INTRODUCTORY.
Of late, however, new activity has been shown in the establishment of better facilities for the study of political economy in the principal seats of learning—Harvard, Yale, Cornell, Columbia, Michigan, and Pennsylvania: and a “Cyclopædia of Political Science” (1881-1884, three volumes) has been published by J. J. Lalor, after the example of the French dictionaries. Books For Consultation (From English, French, And German Authors). GENERAL TREATISES FORMING A PARALLEL COURSE OF READING WITH MILL. Professor Fawcett’s “Manual of Political Economy” (London, sixth edition, 1883) is a brief statement of Mill’s book, with additional matter on the precious metals, slavery, trades-unions, co-operation, local taxation, etc. Antoine-Élise Cherbuliez’s “Précis de la science économique” (Paris, 1862, 2 vols.) follows the same arrangement as Mill, and is considered the best treatise on economic science in the French language. He is methodical, profound, and clear, and separates pure from applied political economy. Other excellent books in French are: Courcelle-Seneuil’s “Traité théorique et pratique d’économie politique” (1858), (Paris, second edition, 1867, 2 vols.), and a compendium by Henri Baudrillart, “Manuel d’économie politique” (third edition, 1872). Roscher’s “Principles of Political Economy” is a good example of the German historical method; its notes are crowded with facts; but the English translation (New York, 1878) is badly done. There is an excellent translation of it into French by Wolowski. A desirable elementary work, “The Economics of Industry” (London, 1879), was prepared by Mr. and Mrs. Marshall. Professor Jevons wrote a “Primer of Political Economy” (1878), which is a simple, bird’s-eye view of the subject in a very narrow compass.
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