Economic Theory and Policy

Samuel Hollander

Chapter 1 in John Stuart Mill:Political Economist, 2015, pp 3-29 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:IntroductionConstraints on the Applicability of Economic TheoryOn Deductive MethodEconomic Theory and CompetitionThe ‘Universal’ Method of Economic TheoryProductive Organization and MotivationThe Laws of Production and DistributionVerification and the ‘Guidance of Practice’Empirical ‘Laws’ of Social Progress and PredictionSummary and Conclusion

Keywords: Classical Economics; Distributive Justice; Economic Policy; Hayek; Liberalism; Market Failure; Mill; Socialism; Utilitarianism (search for similar items in EconPapers)
Date: 2015
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