John Stuart Mill???s Principles of Political Economy was one of the most widely
read of all books on economics in its period. Accepted as standard textbook for
over 150 years, the book systematically demonstrates how the important economic
concepts can be applied to real-world situations. The objective of the book was
???to unite the greatest individual liberty of action, with a common ownership
of the raw material of the globe, and an equal participation of all in the
benefits of combined labour???.
This reprint of the book, with a comprehensive scholarly Introduction by Prof
R.N. Ghosh of the University of Western Australia, has been brought to