It takes the average reader 2 hours and 26 minutes to read Political Economy by Jean Charles Leonard Simonde de Sismondi
Assuming a reading speed of 250 words per minute. Learn more
Jean Charles Leonard de Sismondi (1773 - 1842), whose real name was Simonde, was a writer born at Geneva. He is best known for his works on French and Italian history, and his economic ideas. As an economist, Sismondi represented a humanitarian protest against the dominant orthodoxy of his time. In his first book, he followed Adam Smith; but in his principal subsequent economic work, Nouveaux principes d'economie politique (1819), he insisted on the fact that economic science studied the means of increasing wealth too much, and the use of wealth for producing happiness, too little. Sismondi also contributed a great deal to economics with his thoughts on aggregate demand. Observing the capitalist industrial system in England, Sismondi saw that unchecked competition both resulted in producers all increasing individual production (because of lack of knowledge of other producers' production) this was then seen as forcing employers to cut prices, which they did by sacrificing workers' wages. This yielded overproduction and underconsumption; with most of England's workforce suffering from depressed wages, workers were then unable to afford the goods they had produced, and underconsumption of goods then followed. Sismondi believed that by increasing the wages of laborers they would have more buying power, be able to buy the national output and thus increase demand. In his book On Classical Economics, Thomas Sowell devotes a chapter to Sismondi, arguing that he was a neglected pioneer.
Political Economy by Jean Charles Leonard Simonde de Sismondi is 144 pages long, and a total of 36,576 words.
This makes it 49% the length of the average book. It also has 45% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 3 hours and 19 minutes to read Political Economy aloud.
Political Economy is suitable for students ages 10 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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