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  1. Thenew political economy would identifyefficiency with the ability of the citizen to constrain government-as-leviathan in a context of multi-level choice. The opportunity-cost situation of citizens-as-choosers is specified by reference to their ongoing possibilities of using voice to change unsatisfactory institutional constraints or exit to escape their consequences.

  2. This landmark treatise of 1817 formulated the guiding principles behind the market economy. Author David Ricardo, with Adam Smith, founded the "classical" system of political economy, a school of thought that dominated economic policies throughout the nineteenth century and figured prominently in the theories of John Stuart Mill and Karl Marx.

  3. 1 According to Groenewegen Ž 1987 . , the term ‘‘political economy’’ for economics origi-nated in France in the 17th century. He attributes the first use to Montchretien ́ in 1615. Sir James Steurt Ž 1761 . was the first English economist to put the term in the title of a book on economics, An Inquiry into the Principles of Political ...

  4. This work, originally published in 1817, is one of the founding texts of modern economics. Enormously successful as a stockbroker, David Ricardo (1772–1823) was able to lead the life of a wealthy country squire, while his intellectual interests caused him to move in the circles of Thomas Malthus and James Mill. It was at Mill's urging that Ricardo published this book, entered Parliament in ...

  5. Citation. The Collected Works of John Stuart Mill, Volume II - The Principles of Political Economy with Some of Their Applications to Social Philosophy (Books I-II), ed. John M. Robson, introduction by V.W. Bladen (Toronto: University of Toronto Press, London: Routledge and Kegan Paul, 1965).

  6. The Principles of Political EconomyVolume 132 of Ristampe anastatiche di opere antiche e rare. Author. Henry Sidgwick. Edition. 3, reprint. Publisher. Kraus, 1901. Original from. the Complutense University of Madrid.

  7. Citation. The Collected Works of John Stuart Mill, Volume III - The Principles of Political Economy with Some of Their Applications to Social Philosophy (Books III-V and Appendices), ed. John M. Robson, Introduction by V.W. Bladen (Toronto: University of Toronto Press, London: Routledge and Kegan Paul, 1965).