Mill's Normative Economics

In Christopher Macleod & Dale E. Miller (eds.), A Companion to Mill. Hoboken: John Wiley & Sons, Inc.. pp. 488–503 (2016)
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Abstract

It has often been argued that John Stuart Mill's normative economics is independent both of his positive economics of production and his liberal normative political philosophy of liberty. In this chapter I seek to show why we should reject this interpretation, by calling into question both the sharp distinctions between production and distribution, and economic and civil liberty. Following Lionel Robbins I argue that Mill is firmly rooted in the classical tradition of political economy and, indeed, that throughout his social thought his primary value is liberty.

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Gerald Gaus
Last affiliation: University of Arizona

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