Book V, Chapter IV: Comparison Between Direct and Indirect Taxes

Principles of Political Economy

by John Stuart MILL (1806 - 1873)

The Principles of Political Economy, first published in 1848, was one of the most important texts on the subject of economy at that time. It is broken up into five books; Production, Distribution, Exchange, Influence of the Progress of Society on Production and Influence of Government. This version is an abridged text book edited by J. Laurence Laughlin, and was used at the college level. (Summary by Ann Boulais)

Listen next episodes of Principles of Political Economy:
Book V, Chapter VI: Of the Interference of Government Grounded on Erroneous Theories, part 2 , Book V, Chapter V: Of a National Debt , Book V, Chapter VI: Of the Interference of Government Grounded on Erroneous Theories, part 1