Elements of political economy vintage book by Francis Wayland circa 1851 advocate of free markets antique libertarian Republican captialism

Wayland was president of Brown University for twenty-eight years. His treatise expounds on the economic concepts of wealth, value, cost, labor, money, production, exchange, distribution, and consumption. He was an articulate advocate of free markets, to the annoyance of some of his northern brethren. The book is "a classic that deserves a hearing even though it was written almost two centuries ago... The emphasis in The Elements of Political Economy is always on industry, frugality, thrift, innovation, entrepreneurship, property, competition, the division of labor, labor-saving devices, and capital. And rather than exalting the laborer and scorning the capitalist, the merchant, the retailer, the exchanger (middleman), and the money-lender-- as is usually the case — Wayland earnestly defends them"

CONDITION: VG-

ABOUT: Wayland, Francis
The elements of political economy
nineteenth thousand
Boston: Gould, Kendall, and Lincoln, 1846. Go