John Stuart Mill's Theories of Wealth and Income Distribution

  title={John Stuart Mill's Theories of Wealth and Income Distribution},
  author={H. E. Jensen},
  journal={Review of Social Economy},
  pages={491 - 507}
  • H. E. Jensen
  • Published 2001
  • Economics
  • Review of Social Economy
  • Although he was much influenced by David Ricardo when he wrote the classical part of his Principles , John Stuart Mill was not a Ricardian when he penned his theories of wealth and distribution. They are based on a triple foundation. First, a belief that economics is a moral discipline. Second a theory of custom-driven human behavior. Third, an empirically formed conviction that the institutions of state, education and business cooperate to structure the distribution of income. On the basis of… CONTINUE READING
    6 Citations


    Essays on French History and Historians
    • 10
    Essays in Persuasion
    • 694
    • PDF
    Principles of Political Economy
    • J. Mill
    • Political Science, Sociology
    • 1820
    • 3,063
    • Highly Influential
    • PDF
    On the Principles of Political Economy and Taxation
    • 5,437
    • Highly Influential
    Essays on politics and society
    • 66
    • PDF
    Essay on the Principle of Population
    • 1,952
    • PDF
    Autobiography and literary essays
    • 84
    • Highly Influential