An Inquiry into the Principles of Political Oeconomy (Vol. 2 of 2) by Steuart

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Author Steuart, James, Sir, 1712-1780
Title An Inquiry into the Principles of Political Oeconomy (Vol. 2 of 2)
Being an essay on the science of domestic policy in free nations. In which are particularly considered population, agriculture, trade, industry, money, coin, interest, circulation, banks, exchange, public credit, and taxes
Note Reading ease score: 61.3 (8th & 9th grade). Neither easy nor difficult to read.
Credits KD Weeks, MFR and the Online Distributed Proofreading Team at http://www.pgdp.net (This file was produced from images generously made available by The Internet Archive)
Summary "An Inquiry into the Principles of Political Oeconomy (Vol. 2 of 2)" by Sir James Steuart is an analytical treatise focused on economic theory, likely written in the mid-18th century. This volume primarily addresses the intricacies of topics such as money, coinage, trade, and taxation within the framework of domestic policy in free nations. The book aims to delve into the relationships between these elements and their impact on political economy, offering insights into the complexities of commerce and economic regulation." The opening of the work sets the stage for a detailed examination of the principles governing money and coinage, illustrating how these concepts are essential to understanding trade and market dynamics. Steuart emphasizes the significance of coinage costs and seigniorage, arguing that these factors can dictate the prices of goods and commodities. He reflects on hypothetical scenarios that reveal how coinage affects the broader economy, such as changes in commodity prices when introducing coinage and its consequences on trade balances with other nations. The text serves as a foundational inquiry into economic principles, blending theory with practical examples to encourage a deeper understanding of political economy. (This is an automatically generated summary.)
Language English
LoC Class HB: Social sciences: Economic theory, Demography
Subject Economics
Category Text
EBook-No. 66710
Release Date
Copyright Status Public domain in the USA.
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