1st Edition
James Mill, John Stuart Mill, and the History of Economic Thought
Commemorating the 250th anniversary of James Mill’s birth and the 150th of John Stuart Mill’s death, this volume analyses the Mills’ discussions on topics such as environment, cultivation, education, utilitarianism, socialism, international relations, international trade, and living standard.
John Stuart Mill is an important figure of the classical political economy, and his father played a critical role in the early stages of his intellectual development. The contributions of the two Mills are examined by leading scholars on the theory and history of economics from Japan, UK, and France. They not only deal with the Mills’ individual contributions but also shed light on their relationships and associations with a number of economists and philosophers in Britain between the late 18th and the early 20th centuries, including Adam Smith, Malthus, Ricardo, Pennington, Torrens, Martineau, Longfield, Morris, Sidgwick, and Marshall.
This book is an essential read for scholars interested in the economics of James and John Mill, and reconsideration of their theories and thoughts using the backdrop of the current state of society.
CONTENTS
List of figures
List of tables
List of contributors
Introduction
MASATOMI FUJIMOTO, JOHN VINT,
AND TARO HISAMATSU
PART I
Cultivation and Education
1 John Stuart Mill and the Stationary State
GREGORY CLAEYS
2 James and John Stuart Mill on Education
RENEE PRENDERGAST
PART II
Utilitarianism
3 The Felicific Calculus and the Art of Life according to James and John Stuart Mill
VICTOR BIANCHINI
4 John Stuart Mill, Sidgwick and the Philosophical Foundations of Political Economy
DAISUKE NAKAI
PART III
International Relations and Trade
5 John Stuart Mill on Britain’s Dependencies: Focusing on its Military Expenditure in the Nineteenth Century
YOSHIFUMI OZAWA
6 ‘I profess to have made no discovery’: James Mill on Comparative Advantage
GILBERT FACCARELLO
7 James Mill and the Alleged Error in Ricardo
TARO HISAMATSU
8 John Stuart Mill as the Founder of Theory of Reciprocal Demand
MASATOMI FUJIMOTO
PART IV
Work and Life
9 John Stuart Mill on the Theory of Wages and Ricardo
SHUNSUKE MOROIZUMI & MASASHI IZUMO
10 Alfred Marshall’s Acceptance and Deviation from John Stuart Mill
MASASHI KONDO
11 James Mill, John Stuart Mill and Harriet Martineau: Connections, Disconnections and Convergence
JOHN VINT
12 John Stuart Mill’s ‘Qualified Socialism’
HELEN MCCABE
Biography
Masatomi Fujimoto is Professor at the Faculty of Economics, Osaka Gakuin University, Japan. He edited Ricardo and International Trade (with Shigeyoshi Senga and Taichi Tabuchi, Routledge, 2017).
John Vint is Emeritus Professor at Manchester Metropolitan University and Honorary Professor at Perm State University, Russia. In 1993 he won the Joseph Dorfman Award for the best dissertation in the History of Economic Thought. His book Capital and Wages was published in 1994.
Taro Hisamatsu is Professor at the Faculty of Commerce, Doshisha University, Kyoto, Japan. His articles have appeared in The European Journal of the History of Economic Thought, History of Economics Review, The Adam Smith Review, History of Economic Ideas, etc.
