William Petty | |
|---|---|
 | |
| Born | 26 May 1623 Romsey, Hampshire, England |
| Died | 16 December 1687 London, England |
| Nationality | English |
| Field of study | Political economy |
William Petty (26 May 1623 – 16 December 1687) was an English political economist and the founder 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
References
- ↑ Political Economy: 'Economic Doctrines of the Capitalist Epoch; Bourgeois Classical Political Economy' (1954). [MIA]