Title page from The Principles of Political Economy (5th ed. 1864)

The Principles of Political Economy (5th ed. 1864)

A revised and expanded edition of McCulloch’s major treatise on the principles of political economy.

Key Quotes

Property Rights

It must not, however, be imagined that the security of property is violated only when a man is not allowed to enjoy or dispose at pleasure of the fruits of his industry: it is also violated, and perhaps in a still more unjustifiable manner, when he is prevented from using the powers given him by…