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In dem so geschichtsträchtigen Jahr 1848 erschienen John Stuart Mills "Principles of Political Economy - with Some of Their Applications to Social Philosophy". Die 150. Wiederkehr dieses Ereignisses von nachhaltigem Einfluß auf das ökonomische, ja auf das gesellschaftspolitische Denken in...
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This chapter argues that modern readers can benefit from studying the classics today, because the classical approach to studying an economic system in motion under a cumulative process of division of labour offers a superior starting point for analysing salient properties of capitalist market...
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