John Stuart Mill's Theories of Wealth and Income Distribution

  title={John Stuart Mill's Theories of Wealth and Income Distribution},
  author={Hans E. Jensen},
  journal={Review of Social Economy},
  pages={491 - 507}
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… Expand
Customary rule-following behaviour in the work of John Stuart Mill and Alfred Marshall1
Abstract The informal institutional structure embraces the social norms and moral values of a particular society and together with the formal institutional frame, they compose the social environment.Expand
On the social nature of rationality in Adam Smith and John Stuart Mill
The main purpose of this article is to stress the social nature of economic rationality in the works of Adam Smith and John Stuart Mill. As it will be suggested through some textual evidence, bothExpand
The politics of wealth distribution in post-Soeharto Indonesia : political power, corruption and institutional change
This thesis examines the processes through which the redistribution of political and economic power is taking place in post-Soeharto Indonesia. In order to do this, patterns of `grand' corruptionExpand
Trustworthiness as a Moral Determinant of Economic Activity: Lessons from the Classics
This paper reviews the way that social norms and ethical values in general, and trustworthiness in particular, is perceived to affect the behavior of economic agents in view of the work of AdamExpand
Theorizing Competition. An Interdisciplinary Approach to the Genesis of a Contested Concept
Competition is at the core of economics, being both a central concept of economic reasoning and a main prerequisite for economic action. Yet, the attempt of a clear definition of competition isExpand
China's development Aid Effectiveness in Africa
Following the publication of the AidData database on Chinese financial flows in 2016, it has become possible to differentiate between Chinese commercial and humanitarian financial flows. Based on theExpand
El capital intelectual de las cajas de ahorros españolas
Spanish Savings Banks have experienced a notorious organic growth in the last years. Furthermore they have increased countinously their market share. Financial magnitudes explain partially thisExpand


John Stuart Mill, Francis Longe and William Thornton on Demand and Supply
William Thornton's On Labour, Its Wrongful Claims and Rightful Dues, Its Actual Present and Possible Future was a contribution to the social debate of the 1860s. In the context of an attack on theExpand
Essays on French History and Historians
J.S. Mill's deep interest in French intellectual, political, and social affairs began in 1820 when, in his fourteenth year, he went to France to live for a year with the family of Sir Samuel Bentham.Expand
Essays in Persuasion
In the light of subsequent history, Essays in Persuasion is a remarkably prophetic volume covering a wide range of issues in political economy. In articles on the Versailles Treaty. John MaynardExpand
Essays on England, Ireland, and the Empire
John Stuart Mill's political essays are a blend of the practical and the theoretical. In this volume are gathered together those in which the practical emphasis is more moarked; those in which theoryExpand
John Stuart Mill's Method In Principle and Practice: A Review of the Evidence
Our concern is John Stuart Mill's methodological pronouncements, his actual practice, and the relationship between them. We argue that verification played a key role in Mill's method, both inExpand
Principles of Political Economy
  • J. Mill
  • Political Science, Sociology
  • 1820
Published in two volumes or as a set this provides a definitive scholarly variorum edition of Malthus's Principles of Political Economy. It contains the full text of the first 1820 edition, includingExpand
On the Principles of Political Economy and Taxation
AbstractThe same rule which regulates the relative value of commodities in one country does not regulate the relative value of the commodities exchanged between two or more countries.Under a systemExpand
Essays on politics and society
ion both of individual peculiarities, and of the influence of moral culture,) it may be said of the first, that their feelings and actions will be mainly under the influence of pride: of the latter,Expand
The Earlier Letters of John Stuart Mill, 1812-1848
The Collected Works of John Stuart Mill took thirty years to complete and is acknowledged as the definitive edition of J.S. Mill and as one of the finest works editions ever completed. Mill'sExpand
Essay on the Principle of Population
THE GREAT AND UNLOOKED FOR DISCOVERIES that have taken place of late years in natural philosophy, the increasing diffusion of general knowledge from the extension of the art of printing, the ardentExpand