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William Petty: Difference between revisions

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{{Infobox person|name=William Petty|nationality=English|birth_date=26 May 1623|birth_place=Romsey, Hampshire, [[Kingdom of England|England]]|death_date=16 December 1687|death_place=London, England|field=Political economy|image_size=200|image=William Petty.png}}
{{Infobox person|name=William Petty|nationality=English|birth_date=26 May 1623|birth_place=Romsey, Hampshire, [[Kingdom of England|England]]|death_date=16 December 1687|death_place=London, England|field=Political economy|image_size=200|image=William Petty.png}}


'''William Petty''' (26 May 1623 – 16 December 1687) was an English [[Political economy|political economist]] and the founder of classical [[political economy]]. Active during the end of [[mercantilism]], he defined the value of [[Commodity|commodities]] based on the [[labour]] they contained.<ref>{{Citation|year=1954|title=Political Economy|chapter=Economic Doctrines of the Capitalist Epoch|chapter-url=https://www.marxists.org/subject/economy/authors/pe/pe-ch22.htm|section=Bourgeois Classical Political Economy|mia=https://www.marxists.org/subject/economy/authors/pe/index.htm}}</ref>
'''William Petty''' (26 May 1623 – 16 December 1687) was an English [[Political economy|political economist]] and precursor of classical [[political economy]]. Active during the end of [[mercantilism]], he defined the value of [[Commodity|commodities]] based on the [[labour]] they contained.<ref>{{Citation|year=1954|title=Political Economy|chapter=Economic Doctrines of the Capitalist Epoch|chapter-url=https://www.marxists.org/subject/economy/authors/pe/pe-ch22.htm|section=Bourgeois Classical Political Economy|mia=https://www.marxists.org/subject/economy/authors/pe/index.htm}}</ref>


== See also ==
== See also ==

Latest revision as of 11:09, 25 June 2023

William Petty
Born26 May 1623
Romsey, Hampshire, England
Died16 December 1687
London, England
NationalityEnglish
Field of studyPolitical economy


William Petty (26 May 1623 – 16 December 1687) was an English political economist and precursor of classical political economy. Active during the end of mercantilism, he defined the value of commodities based on the labour they contained.[1]

See also[edit | edit source]

References[edit | edit source]

  1. Political Economy: 'Economic Doctrines of the Capitalist Epoch; Bourgeois Classical Political Economy' (1954). [MIA]