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  • Format: ePub

In "Principles of Political Economy," Arthur Latham Perry offers a comprehensive exploration of economic theory during a transformative period in the 19th century. Perry'Äôs work analytically dissects the principles of supply and demand, capital accumulation, labor, and wealth distribution, framing these concepts within the broader context of societal development. Employing a didactic yet engaging literary style, the book serves not only as a theoretical treatise but also as a practical guide, interweaving historical examples with contemporary relevance to elucidate complex economic dynamics.…mehr

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Produktbeschreibung
In "Principles of Political Economy," Arthur Latham Perry offers a comprehensive exploration of economic theory during a transformative period in the 19th century. Perry'Äôs work analytically dissects the principles of supply and demand, capital accumulation, labor, and wealth distribution, framing these concepts within the broader context of societal development. Employing a didactic yet engaging literary style, the book serves not only as a theoretical treatise but also as a practical guide, interweaving historical examples with contemporary relevance to elucidate complex economic dynamics. Arthur Latham Perry, a prominent American economist and educator, rooted his intellectual pursuits in the rich traditions of classical economics while also engaging with nascent ideas of social reform. His academic tenure at Williams College and subsequent position at Harvard allowed him a unique perspective on the ramifications of economic policies during the industrial revolution. Motivated by a desire to address the inequalities that emerged from rapid industrialization, Perry'Äôs insights reflect both a robust theoretical foundation and a commitment to social progress. I highly recommend "Principles of Political Economy" to readers interested in understanding the underpinnings of modern economic thought. Perry'Äôs integration of theoretical analysis and practical application makes this book indispensable for students, policymakers, and anyone seeking to comprehend the intricate relationship between economics and society.

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Autorenporträt
Arthur Latham Perry (1830-1905) was an influential American economist and educator, most noted for his work on free-market economics. Born on February 27, 1830, in Lyme, New Hampshire, Perry graduated from Williams College in 1852 and later returned to his alma mater as a professor of history and political economy. Perry's treatise, 'Principles of Political Economy' (1865), is considered a seminal work in advocating laissez-faire economic principles during a period when classical liberalism was burgeoning. His advocacy for minimizing government intervention in economic affairs aligned with the ideas of Adam Smith and other classical economists. Perry's scholarly approach sought to simplify and communicate complex economic theories to a broader audience, contributing to the dissemination of economic thought outside academia. His literary style was marked by clarity and a didactic goal, aiming to empower readers with an understanding of economic principles that affect their everyday lives. Throughout his career, Perry remained a vociferous critic of protectionist policies and was a proponent of free trade, reflecting his ideological stance in both his teachings and writings. As an eminent figure in the field of political economy, Perry's contributions continue to be recognized in academic circles for their role in shaping the discourse on economic liberalism during the late nineteenth century.