Publisher's Synopsis
""Letters to Mr. Malthus on Several Subjects of Political Economy: And on the Cause of the Stagnation of Commerce"" is a book written by the French economist Jean Baptiste Say in 1821. The book is a collection of letters addressed to the British economist Thomas Malthus, in which Say discusses various topics related to political economy, such as the nature of wealth, the role of government in the economy, and the principles of free trade.Say also addresses the issue of the stagnation of commerce, which was a major concern at the time due to the economic crisis that had hit Europe after the Napoleonic Wars. He argues that the cause of the stagnation was not overproduction or a lack of demand, as Malthus had suggested, but rather a lack of credit and a shortage of capital. Say proposes several solutions to this problem, including the establishment of a national bank and the promotion of savings and investment.Overall, ""Letters to Mr. Malthus on Several Subjects of Political Economy: And on the Cause of the Stagnation of Commerce"" is an important work in the history of economic thought, as it reflects the debates and discussions that were taking place among economists in the early 19th century. It is also a valuable resource for anyone interested in the principles of political economy and the history of economic ideas.To Which Is Added A Catechism Of Political Economy, Or Familiar Conversations On The Manner In Which Wealth Is Produced, Distributed, And Consumed In Society.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.