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Two Manuscripts of William Petty

Author

Listed:
  • Aspromourgos, Tony

    (School of Economics, University of Sydney)

Abstract

This article provides transcriptions of two manuscripts of William Petty (1623–1687), together with a substantial editorial apparatus. The first manuscript analyses the feasibility of doubling the population of England plus Ireland and Scotland in 25 years; the second considers how a uniform taxation might be imposed upon consumption. Elements of particular interest in the manuscripts are: an empirical estimation of economic surplus for England, Ireland and Scotland taken together; the conceptualization of value-added taxation as an instrument for taxing consumption; and an argument for limits to rational quantification.

Suggested Citation

  • Aspromourgos, Tony, 2025. "Two Manuscripts of William Petty," Centro Sraffa Working Papers CSWP71, Centro di Ricerche e Documentazione "Piero Sraffa".
    • Handle: RePEc:ris:sraffa:0071
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    More about this item

    Keywords

    economic surplus; population growth; value-added taxation; quantification;
    All these keywords.

    JEL classification:

    • B11 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Preclassical (Ancient, Medieval, Mercantilist, Physiocratic)

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