Mill's Normative Economics

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

It has often been argued that John Stuart Mill's normative economics is independent both of his positive economics of production and his liberal normative political philosophy of liberty. In this chapter I seek to show why we should reject this interpretation, by calling into question both the sharp distinctions between production and distribution, and economic and civil liberty. Following Lionel Robbins I argue that Mill is firmly rooted in the classical tradition of political economy and, indeed, that throughout his social thought his primary value is liberty.

Original languageEnglish (US)
Title of host publicationA Companion to Mill
PublisherWiley-Blackwell
Pages488-503
Number of pages16
ISBN (Electronic)9781118736739
ISBN (Print)9781118736524
DOIs
StatePublished - Sep 13 2016

Keywords

  • Classical political economy
  • Laissez-faire
  • Laws of distribution
  • Mill's economics
  • Mill, John Stuart

ASJC Scopus subject areas

  • Arts and Humanities(all)

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