Liberty Matters: Reassessing the Political Economy of John Stuart Mill (July 2015)

• Steven Kates (author)

In this month’s Liberty Matters online discussion we reassess the economic ideas of John Stuart Mill as found in his classic work Principles of Political Economy and other writings. The Lead Essay by Steven Kates argues that in the light of the evident failures of Keynesian economics to solve the problems of the boom and bust cycle, and that of ongoing high unemployment and economic stagnation, that we should go back to Mill’s “Four Propositions on Capital” for enlightenment.