All Topics  
James Mill

 
James Mill

   Email Print
   Bookmark   Link






 

James Mill



 
 
James Mill (6 April 1773 – 23 June 1836) was a Scottish
Scotland

conventional_long_name = ScotlandAlba|common_name= Scotland|image_flag = Flag of Scotland.svg|flag_width = 130px...
 historian
Historian

A historian is an individual who studies and writes about history, and is regarded as an authority on it. Historians are concerned with the continuous, systematic narrative and research of past events as relating to the human race; as well as the study of all events in time....
, economist
Economist

An economist is an expert in the social science of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy....
, political theorist, and philosopher. He was the father of influential philosopher of classical liberalism
Classical liberalism

Classical liberalism is a doctrine stressing individual freedom, free markets, and limited government. This includes the importance of human rationality, individual property rights, natural rights, the protection of civil liberties, individual freedom from restraint, equality under the law, constitutional limitation of government, free marke...
, John Stuart Mill
John Stuart Mill

John Stuart Mill , United Kingdom philosopher, political economy, civil servant and Parliament of the United Kingdom, was an influential liberalism thinker of the 19th century....
.

was born at Northwater Bridge, in the parish of Logie-Pert, Angus
Angus

Angus is one of the 32 Local government in Scotland council areas of Scotland, and a Lieutenancy areas of Scotland. The council area borders onto Aberdeenshire, Perth and Kinross and the Dundee City....
, Scotland
Scotland

conventional_long_name = ScotlandAlba|common_name= Scotland|image_flag = Flag of Scotland.svg|flag_width = 130px...
, the son of James Mill, a shoemaker. His mother, Isabel Fenton, of a good family that had suffered from connection with the Stuart rising
Jacobite rising

The Jacobite Risings were a series of uprisings, rebellions, and wars in the kingdoms of Kingdom of England, Kingdom of Scotland , and Kingdom of Ireland occurring between 1688 and 1746....
, resolved that he should receive a first-rate education, and sent him first to the parish school and then to the Montrose Academy
Montrose Academy

Montrose Academy is a secondary school in Angus, Scotland established in 1815. It has a school roll of around 1000 students, with a staff roll of 100....
, where he remained until the unusual age of seventeen and a half.






Discussion
Ask a question about 'James Mill'
Start a new discussion about 'James Mill'
Answer questions from other users
Full Discussion Forum



Encyclopedia


James Mill (6 April 1773 – 23 June 1836) was a Scottish
Scotland

conventional_long_name = ScotlandAlba|common_name= Scotland|image_flag = Flag of Scotland.svg|flag_width = 130px...
 historian
Historian

A historian is an individual who studies and writes about history, and is regarded as an authority on it. Historians are concerned with the continuous, systematic narrative and research of past events as relating to the human race; as well as the study of all events in time....
, economist
Economist

An economist is an expert in the social science of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy....
, political theorist, and philosopher. He was the father of influential philosopher of classical liberalism
Classical liberalism

Classical liberalism is a doctrine stressing individual freedom, free markets, and limited government. This includes the importance of human rationality, individual property rights, natural rights, the protection of civil liberties, individual freedom from restraint, equality under the law, constitutional limitation of government, free marke...
, John Stuart Mill
John Stuart Mill

John Stuart Mill , United Kingdom philosopher, political economy, civil servant and Parliament of the United Kingdom, was an influential liberalism thinker of the 19th century....
.

Life

Mill was born at Northwater Bridge, in the parish of Logie-Pert, Angus
Angus

Angus is one of the 32 Local government in Scotland council areas of Scotland, and a Lieutenancy areas of Scotland. The council area borders onto Aberdeenshire, Perth and Kinross and the Dundee City....
, Scotland
Scotland

conventional_long_name = ScotlandAlba|common_name= Scotland|image_flag = Flag of Scotland.svg|flag_width = 130px...
, the son of James Mill, a shoemaker. His mother, Isabel Fenton, of a good family that had suffered from connection with the Stuart rising
Jacobite rising

The Jacobite Risings were a series of uprisings, rebellions, and wars in the kingdoms of Kingdom of England, Kingdom of Scotland , and Kingdom of Ireland occurring between 1688 and 1746....
, resolved that he should receive a first-rate education, and sent him first to the parish school and then to the Montrose Academy
Montrose Academy

Montrose Academy is a secondary school in Angus, Scotland established in 1815. It has a school roll of around 1000 students, with a staff roll of 100....
, where he remained until the unusual age of seventeen and a half. He then entered the University of Edinburgh
University of Edinburgh

The University of Edinburgh founded in 1582, is an internationally renowned centre for teaching and research in Edinburgh, Scotland, United Kingdom....
, where he distinguished himself as a Greek scholar.

In October 1798, he was licensed as a preacher, but met with little success. From 1790 to 1802, in addition to holding various tutorships, he occupied himself with historical and philosophical studies. Finding little prospect of a career in Scotland, in 1802 he went to London
London

London is the capital of both England and the United Kingdom, and the most populous municipality in the European Union. An important settlement for two millennia, History of London goes back to its founding by the Roman Empire....
, in company with Sir John Stuart
John Stuart, 3rd Earl of Bute

John Stuart, 3rd Earl of Bute, Order of the Garter, Privy Council of the United Kingdom , styled Lord Mount Stuart before 1723, was a Scotland nobility who served as Prime Minister of the United Kingdom under George III of Great Britain, and was arguably the last important favourite in British politics....
, then member of parliament for Kincardineshire
Kincardineshire

The County of Kincardine, also known as Kincardineshire or The Mearns was a Local government of Scotland Counties of Scotland on the coast of northeast Scotland....
, and devoted himself to literary work. From 1803 to 1806, he was editor of an ambitious periodical called the Literary Journal, which professed to give a summary view of all the leading departments of human knowledge. During this time he also edited the St James's Chronicle, belonging to the same proprietor. In 1804, he wrote a pamphlet on the corn trade, arguing against a bounty on the exportation of grain. In 1805, he published a translation (with notes and quotations) of CF Villers's work on the Reformation
Protestant Reformation

The Protestant Reformation was a Christian reform movement in Europe. It is thought to have begun in 1517 with Martin Luther's Ninety-Five Theses and may be considered to have ended with the Peace of Westphalia in 1648....
, an unsparing exposure of the alleged vices of the papal system. In 1805 he married Harriet Burrow, whose mother, a widow, kept what was then known as an establishment for lunatics in Hoxton
Hoxton

Hoxton is an area in the London Borough of Hackney, immediately north of the financial district of the City of London. The area of Hoxton is bordered by Regents Canal on the north side, Wharf Road and City Road on the west, Old Street on the south, and Kingsland Road on the east....
. He then took a house in Pentonville
Pentonville

Pentonville is an area of north-central London in the London Borough of Islington, centred on the Pentonville Road. Pentonville was part of the ancient parish of Clerkenwell, and was incorporated into the Metropolitan Borough of Finsbury by the London Government Act 1899....
, where his eldest son, John Stuart Mill
John Stuart Mill

John Stuart Mill , United Kingdom philosopher, political economy, civil servant and Parliament of the United Kingdom, was an influential liberalism thinker of the 19th century....
, was born in 1806. About the end of this year he began his The History of British India
The History of British India

The History of British India is an influential history of British India by the 19th century United Kingdom philosopher and List of political philosophers James Mill....
, which he took twelve years to complete, instead of three or four, as had been expected.

In 1808, he became acquainted with Jeremy Bentham
Jeremy Bentham

Jeremy Bentham was an England jurist, philosopher, and legal and social reformer. He was the brother of Samuel Bentham. He was a political radical, and a leading theorist in Anglo-American philosophy of law....
, and was for many years his chief companion and ally. He adopted Bentham's principles in their entirety, and determined to devote all his energies to bringing them before the world. Between 1806 and 1818, he wrote for the Anti-Jacobin Review
Anti-Jacobin Review

The Anti-Jacobin Review and Magazine, or, Monthly Political and Literary Censor , a conservative British political periodical, was founded by John Gifford [pseud....
, the British Review and The Eclectic Review
The Eclectic Review

The Eclectic Review was a British periodical published monthly during the first half of the nineteenth century aimed at highly literate readers of all classes....
; but there is no means of tracing his contributions. In 1808, he began to write for the Edinburgh Review, to which he contributed steadily till 1813, his first known article being "Money and Exchange." He also wrote on Spanish America, China, Francisco de Miranda
Francisco de Miranda

Sebasti?n Francisco de Miranda y Rodr?guez , commonly known as Francisco de Miranda, was a Venezuelan revolutionary. Although his own plans for the independence of the Spanish Empire failed, he is regarded as a forerunner of Sim?n Bol?var, who during the Hispanic American wars of independence successfully liberated a vast portion of So...
, the East India Company
British East India Company

The East India Company was an early England joint-stock company that was formed initially for pursuing trade with the Indies, but that ended up trading with the Indian subcontinent and China....
, and the Liberty of the Press. In the Annual Review for 1808 two articles of his are traced--a "Review of Fox's History," and an article on "Bentham's Law Reforms," probably his first published notice of Bentham. In 1811 he co-operated with William Allen
William Allen (Quaker)

William Allen Fellow of the Royal Society, Linnean Society of London was an English scientist and philanthropist who abolitionist and engaged in schemes of social and penal improvement in early nineteenth century England....
 (1770-1843), a Quaker and chemist
Chemist

A chemist is a scientist trained in the science of chemistry. Chemists study the composition of matter and its properties such as density, acidity, size and shape....
, in a periodical called the Philanthropist. He contributed largely to every number--his principal topics being Education, Freedom of the Press, and Prison Discipline (under which he expounded Bentham's Panopticon
Panopticon

The Panopticon is a type of prison building designed by English philosopher and social theorist Jeremy Bentham in 1785. The concept of the design is to allow an observer to observe all prisoners without the prisoners being able to tell whether they are being watched, thereby conveying what one architect has called the "sentiment of an inv...
). He made powerful onslaughts on the Church in connection with the Bell and Lancaster controversy, and took a prominent part in the discussions that led to the foundation of the University of London
University of London

Based primarily in London, England, United Kingdom, the University of London is a federal mega university made up of 31 affiliates: 19 separate university institutions, and 12 research institutes....
 in 1825. In 1814 he wrote a number of articles, containing an exposition of utilitarianism
Utilitarianism

Utilitarianism is the idea that the morality of an action is determined solely by its contribution to overall utility: that is, its contribution to happiness or pleasure as summed among all persons....
, for the supplement to the fifth edition of the Encyclopędia Britannica
Encyclopędia Britannica

The Encyclop?dia Britannica is a general English language encyclopedia published by Encyclop?dia Britannica, Inc., a privately held company....
, the most important being those on "Jurisprudence," "Prisons" and "Government."

In 1818, The History of British India
The History of British India

The History of British India is an influential history of British India by the 19th century United Kingdom philosopher and List of political philosophers James Mill....
 was published, and obtained a great and immediate success. It brought about a change in the author's fortunes. The year following he was appointed an official in the India House, in the important department of the examiner of Indian correspondence. He gradually rose in rank until he was appointed, in 1830, head of the office, with a salary of £1900, raised in 1836 to £2000.

In the meantime, Mill was busy forging the Classical Ricardian School in economics. An energetic man, it was Mill who encouraged David Ricardo
David Ricardo

David Ricardo was a political economy, often credited with systematizing economics, and was one of the most influential of the classical economicss, along with Thomas Malthus and Adam Smith....
 to publish his 1817 treatise on value and distribution and then pushed him to run for Parliament. In 1821, Mill helped found the Political Economy Club
Political Economy Club

The Political Economy Club was founded by James Mill and a circle of friends in 1821 in London, for the purpose of coming to an agreement on the fundamental principles of political economy....
 in London, which became a stomping ground for Ricardian economists and Benthamite radicals. After Ricardo's death, James Mill, John Ramsey McCulloch and Thomas de Quincey
Thomas de Quincey

Thomas de Quincey was an England author and intellectual, best known for his Confessions of an English Opium-Eater ....
 became the high priests of Ricardian economics
Ricardian economics

David Ricardo was born in 1772 and made a fortune as a Stock broker and loan broker . At the age of 27, he read The Wealth of Nations by Adam Smith and was energized by the theories of economics....
.

James Mill's Elements of Political Economy, (1821) quickly became the leading textbook exposition of doctrinaire Ricardian economics. As this was compiled from the lectures on political economy he had given to his young son, John Stuart Mill
John Stuart Mill

John Stuart Mill , United Kingdom philosopher, political economy, civil servant and Parliament of the United Kingdom, was an influential liberalism thinker of the 19th century....
, there were was little that was novel in it -- except for the ill-fated "Wages Fund" doctrine:

"Universally, then, we may affirm, other things remaining the same, that if the ratio which capital and population bear to one another remains the same, wages will remain the same; if the ratio which capital bears to population increases, wages will rise; if the ratio which population bears to capital increases, wages will fall." (J. Mill, 1821: p.44)


From 1824 to 1826, Mill contributed to the Westminster Review
Westminster Review

The Westminster Review was founded in 1823 by Jeremy Bentham and James Mill as a quarterly journal for Historical radicalism#Political reform, and was published from 1824 to 1914....
, started as the organ of his party, a number of articles in which he attacked the Edinburgh
Edinburgh Review

The Edinburgh Review, founded in 1802, was one of the most influential British magazines of the 19th century. It ceased publication in 1929....
 and Quarterly
Quarterly Review

The Quarterly Review was a literary and political periodical founded in March 1809 by the well known London publishing house John Murray . It ceased publication in 1967....
 Reviews and ecclesiastical establishments. In 1829 appeared the Analysis of the Phenomena of the Human Mind. From 1831 to 1833, Mill was largely occupied in the defence of the East India Company, during the controversy attending the renewal of its charter, he being in virtue of his office the spokesman of the court of directors. For the London Review, founded by Sir William Molesworth in 1834, he wrote a notable article entitled "The Church and its Reform," which was much too sceptical for the time, and injured the Review. His last published book was the Fragment on Mackintosh (1835).

Intellectual Legacy

Mill had a thorough acquaintance with Greek
Greek language

Greek is an Indo-European languages native to the southern Balkan peninsula, the language of the Greek people. It forms an independent branch within Indo-European....
 and Latin
Latin

Latin is an Italic language, historically spoken in Latium and Ancient Rome. Through the Military history of the Roman Empire, Latin spread throughout the Mediterranean and a large part of Europe....
 literature
Literature

Literature is the art of written works. Literally translated, the word means "acquaintance with letters" . In Western culture the most basic written literary types include fiction and non-fiction....
, general history
HIStory

HIStory: Past, Present and Future, Book I is a double album by Michael Jackson, released on June 20, 1995, and is Jackson's ninth. The first disc, named "HIStory Begins" consists of a selection of Jackson's greatest hits from the singer's past fifteen years, while the second, named "HIStory Continues" features new songs, with the...
, political
Political philosophy

Political philosophy is the study of questions about the city, government, politics, liberty, justice, property, rights, law and the enforcement of a legal code by authority: what they are, why they are needed, what makes a The purpose of government, what rights and freedoms it should protect and why, what form it should take and why, what t...
, mental
Philosophy of mind

Philosophy of mind is the branch of philosophy that studies the nature of the mind, mental events, mental functions, mental property, consciousness and their relationship to the physical body, particularly the brain....
 and moral
Ethics

Ethics is a word for a philosophy that encompasses proper conduct and good living. It is significantly broader than the common conception of ethics as the analyzing of right and wrong....
 philosophy
Philosophy

Philosophy is the study of general problems concerning matters such as existence, knowledge, truth, beauty, justice, validity, mind, and language....
. His intellect was logical in the highest degree; he was clear and precise, an enemy of loose reasoning, and quick to refute prevailing fallacies
Fallacy

A fallacy is an argument which may convince some people but is not logically sound. Note that the truth of the conclusions of an argument does not determine whether the argument is a fallacy - it is the argument which is incorrect....
. All his work is marked by original constructive thought, except in a few subjects, in which he confessedly expounded Bentham's views. At a time when social subjects were as a rule treated empirically, he brought first principles to bear at every point. His greatest literary monument is his The History of British India
The History of British India

The History of British India is an influential history of British India by the 19th century United Kingdom philosopher and List of political philosophers James Mill....
. The materials for narrating the acquisition by England and later the United Kingdom of an Indian empire were put into shape for the first time; a vast body of political theory was brought to bear on the delineation of the Hindu
Hinduism

'Hinduism' is the predominant religion of the Indian subcontinent. Hinduism is often referred to as , a Sanskrit phrase meaning "the eternal dharma", by its practitioners....
 civilization; and the conduct of the actors in the successive stages of the conquest and administration of India was subjected to a severe criticism. The work itself, and the author's official connection with India for the last seventeen years of his life, effected a complete change in the whole system of governing that country. It is noteworthy that Mill never visited the Indian colony, relying solely on documentary material and archival records in compiling his work. This fact has led to severe criticism of Mill's History of India by notable economist Amartya Sen
Amartya Sen

Amartya Kumar Sen Order of the Companions of Honour , is a Bengali people Indian economist, philosopher, and a winner of the Nobel Memorial Prize in Economic Sciences in 1998, "for his contributions to welfare economics" for his work on famine, human development theory, welfare economics, the underlying mechanisms of poverty, and political C...
.

Mill played a great part also in British politics, and was, more than any other man, the founder of what was called "philosophic radicalism
Radicals (UK)

BackgroundThe Radicalism movement arose in the late 18th century to support parliamentary reform with additional aims including Catholic Emancipation and free trade....
." His writings on government and his personal influence among the Liberal
Liberal Party (UK)

The Liberal Party was one of the two major British political parties from the early 19th century until the rise of the Labour Party in the 1920s, and a third party of varying strength and importance up to 1988, when it merged with the Social Democratic Party to form a new party which would become known as the Liberal Democrats....
 politicians of his time determined the change of view from the French Revolution
French Revolution

The French Revolution was a period of political and social upheaval and radical change in the history of France, during which the French governmental structure, previously an absolute monarchy with feudalism for the aristocracy and Roman Catholic Church clergy, underwent radical change to forms based on Age of Enlightenment principles of cit...
 theories of the rights of man and the absolute equality of men to the claiming of securities for good government through a wide extension of the franchise. Under this banner it was that, the Reform Bill was fought and won. His Elements of Political Economy, which was intended only as a textbook of the subject, shows all the author's precision and lucidity. As Dr J. K. Ingram said, it has the "character of a work of art." It followed up the views of Ricardo
David Ricardo

David Ricardo was a political economy, often credited with systematizing economics, and was one of the most influential of the classical economicss, along with Thomas Malthus and Adam Smith....
, with whom Mill was always on terms of intimacy. By 1911, the Encyclopędia Britannica
Encyclopędia Britannica

The Encyclop?dia Britannica is a general English language encyclopedia published by Encyclop?dia Britannica, Inc., a privately held company....
 described it as being of mainly historical interest, "an accurate summary of views that are now largely discarded". Among the more important of its theses are:

  1. that the chief problem of practical reformers is to limit the increase of population, on the assumption that capital does not naturally increase at the same rate as population (ii. § 2, art. 3)
  2. that the value of a thing depends entirely on the quantity of labour put into it; and
  3. that what is now known as the "unearned increment" of land is a proper object for taxation.


By his Analysis of the Mind and his Fragment on Mackintosh Mill acquired a position in the history of psychology and ethics. He took up the problems of mind very much after the fashion of the Scottish Enlightenment
Scottish Enlightenment

The Scottish Enlightenment was the period in 18th century Scotland characterised by an outpouring of intellectual and scientific accomplishments....
, as then represented by Thomas Reid
Thomas Reid

Thomas Reid , Scotland philosopher, and a contemporary of David Hume, was the founder of the Scottish School of Common Sense, and played an integral role in the Scottish Enlightenment....
, Dugald Stewart
Dugald Stewart

Dugald Stewart , Scotland philosopher, was born in Edinburgh. His father, Matthew Stewart , was professor of mathematics in the University of Edinburgh ....
 and Thomas Brown
Thomas Brown (philosopher)

Thomas Brown was a Scotland metaphysics.He was born at Kirkmabreck, Kirkcudbright, where his father Rev. Samuel Brown was parish clergyman. He was a wide reader and an eager student....
, but made a new start, due in part to David Hartley
David Hartley (philosopher)

David Hartley was an English philosophy and founder of the Associationism school of psychology....
, and still more to his own independent thinking. He carried out the principle of association into the analysis of the complex emotional states, as the affections, the aesthetic emotions and the moral sentiment, all which he endeavoured to resolve into pleasurable and painful sensations. But the salient merit of the Analysis is the constant endeavour after precise definition of terms and clear statement of doctrines. He had a great impact on Franz Brentano
Franz Brentano

Franz Clemens Honoratus Hermann Brentano was an influential Germany philosophy and psychology whose influence was felt by other such luminaries as Sigmund Freud, Edmund Husserl, Kazimierz Twardowski and Alexius Meinong, who followed and adapted his views....
 who discussed his work in his own empirical psychology (Franz Brentano: Psychologie vom empirischen Standpunkt. Ed. Oskar Kraus, 2 vols. Leipzig: Meiner, 1924-25; ed. Mauro Antonelli. Heusenstamm: Ontos, 2008).The Fragment on Mackintosh is a severe exposure of the flimsiness and misrepresentations of Sir James Mackintosh
James Mackintosh

Sir James Mackintosh was a Scotland jurist, politician and historian. He is said to have been one of the most cultured and catholic-minded men of his time ....
's famous Dissertation on the Progress of Ethical Philosophy (1830), and discusses the foundations of ethics from the author's utilitarian point of view.

Major works

  • An Essay on the Impolicy of a Bounty on the Exportation of Grain, 1804.
  • "Lord Lauderdale on Public Wealth", 1804, Literary Journal
  • Commerce Defended, 1808.
  • Thomas Smith on Money and Exchange, 1808
  • The History of British India
    The History of British India

    The History of British India is an influential history of British India by the 19th century United Kingdom philosopher and List of political philosophers James Mill....
    , 3 vols., 1818 (and many later editions)
  • "Government", 1820, Encycl. Britannica
  • Elements of Political Economy, 1821
  • "Liberty of the Press", 1823
  • Essays on Government, Jurisprudence, Liberty of the Press, Education, and Prisons and Prison Discipline, 1823.
  • An Analysis of the Phenomena of the Human Mind, 2 vols., 1829 Analysis of the Phenomena of the Human Mind. (1869)
  • Essay on the Ballot and Fragment on Mackintosh, 1830.
  • "Whether Political Economy is Useful", 1836
  • The Principles of Toleration, 1837.


Secondary sources

  • Leslie Stephen, The English Utilitarians, vol. ii. (1900), and article in Dict. Nat. Biog.
    Dictionary of National Biography

    The Dictionary of National Biography is a standard work of reference on notable figures from History of the United Kingdom, published from 1885....
  • A. Bain
    Alexander Bain

    Alexander Bain was a Scotland philosopher and educationalist....
    , , in Mind
    Mind (journal)

    Mind is a well-respected British journal, currently published by Oxford University Press on behalf of the Mind Association, which deals with philosophy in the Analytic philosophy tradition....
    , Vol. 1, No. 1 (January 1876).
  • A Bain
    Alexander Bain

    Alexander Bain was a Scotland philosopher and educationalist....
    , James Mill (1882)
  • G. S. Bower, Hartley and James Mill (1881)
  • James McCosh
    James McCosh

    James McCosh was a prominent philosophy of the Scottish School of Common Sense.McCosh was born of a Covenanting family in Ayrshire, and studied at the Universities of University of Glasgow and University of Edinburgh, obtaining his M.A....
    , Scottish Philosophy (1885)
  • J. S. Mill, Autobiography (1873)
  • Theodule Ribot
    Théodule Ribot

    Th?odule-Augustin Ribot was a French Realism painter.He was born in Saint-Nicolas-d'Attez, and studied at the ?cole des Arts et Metiers de Chalons before moving to Paris in 1845....
    , La Psychologie anglaise (1870; Eng. trans., 1873)
  • John Morley in Fortnightly Review, xxxvii. (1882)
  • Graham Wallas
    Graham Wallas

    Graham Wallas was an England Socialism, social psychologist, educationalist, and a leader of the Fabian Society.Born in Monkwearmouth, Sunderland, Wallas was educated at Shrewsbury School and Corpus Christi College, Oxford....
    , The Life of Francis Place (1898).

See also

  • Capitalism
    Capitalism

    Capitalism is an economic system in which wealth, and the means of producing wealth, are private property and controlled rather than commonly, publicly, or state-owned and controlled....
  • Contributions to liberal theory
    Contributions to liberal theory

    This is a partial list of individual contributions to Liberalism on a worldwide scale. These individuals are strongly associated philosophers of the Enlightenment....
  • Free trade
    Free trade

    Free trade is a type of trade policy that allows traders to act and transact without coercive interference from government. Thus, the policy permits trading partners mutual gains from trade, with goods and services produced according to the law of comparative advantage....
  • John Stuart Mill
    John Stuart Mill

    John Stuart Mill , United Kingdom philosopher, political economy, civil servant and Parliament of the United Kingdom, was an influential liberalism thinker of the 19th century....
  • Liberalism
    Liberalism

    Liberalism is a broad class of political philosophy that considers individualism liberty and equality to be the most important political goals....
  • Utilitarianism
    Utilitarianism

    Utilitarianism is the idea that the morality of an action is determined solely by its contribution to overall utility: that is, its contribution to happiness or pleasure as summed among all persons....


External links