Book V

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Book V is a major section of John Stuart Mill’s "Principles of Political Economy" that focuses on the role and functions of government within an economic system.

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Surface form Occurrences
Book V (Principles of Political Economy) 0

Statements (43)

Predicate Object
instanceOf book section
part of a treatise
author John Stuart Mill
countryOfOrigin United Kingdom
discipline economics
political economy
discusses administration of taxes
colonies and colonial policy
distribution of the tax burden
education as a function of government
government expenditure
government intervention in markets
infrastructure and public works
legal and judicial institutions
limitations of laissez-faire
national debt
poor relief and social welfare
principles of taxation
public goods
security and defense as government functions
state ownership versus private ownership
state regulation of monopolies
taxation
focusesOn economic role of the state
functions of government
role of government in the economy
genre economic treatise
political philosophy text
hasPerspective allows for exceptions to laissez-faire
generally favors limited government
utilitarian approach to government functions
influenced development of welfare economics
later liberal thought on the state
influencedBy classical economics
utilitarianism
language English
partOf Principles of Political Economy
partOfSeries Principles of Political Economy
surface form: Books I–V of Principles of Political Economy
positionInWork fifth book
subject economic policy
political philosophy of the state
public finance
workType non-fiction

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