Cyclopaedia of Political Economy

Have you ever wondered what nineteenth century, classical liberal political economy looked like? No, not the classic writers but rather ordinary political economy?

A new web resource answers your question. John J. Lalor’s Cyclopaedia of Political Science, Political Economy collected classical liberal writings on the economic issues of the day, circa 1881. You can now access and read the work in its entirety. Here is information about the book and author.

For one sample, here is the brief article on the political economy of debt. Or try this entry on the balance of trade, still relevant today. The item on the division of labor remains eloquent and insightful. Gustav de Molinari writes passionately on the link between freedom, prosperity, and the arts, a favorite topic of mine. I’ve spent a good bit of time browsing through the book (both recently and much earlier), and it offers surprisingly few clunkers. On social issues it is consistently liberal and progressive.

Kudos to the ever-excellent Liberty Fund for putting the work on-line. Until their efforts, you could buy the book for a mere $675.

Addendum: The links to the previous version of this post have now been fixed.


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