Robert Owen And John Stuart Mill

The science of Economics first developed in 1305 in France. Merchants traveled from region to region to trade with other merchants. Inside the tents that merchants kept their goods in, there were lists that stated loan amounts. In 1550 in Germany, Andreas Ryff described that trading with other regions was difficult because of the varying measuring systems and the tolls. Next in Boston in the year 1639, a man was sentenced to punishment for making a large profit. Before Economics existed, many societies around the world did not accept the term “personal gain.” Individuals also did not care for wealth or competition for money. From the Middle Ages to the Reformation, the market system did not exist and land was freely distributed to those that needed it. The shift to the beginnings of profiting and the
I think that it is fascinating how Owen was very passionate about helping the poor and the environment. During his lifetime, Owen managed to get a community to prosper, form the Villages of Cooperation, plant gardens, and fight for the poor, which I thought was incredible. I was shocked at the number of individuals that rejected his ideas. I am interested in learning more about how Owen stayed motivated throughout his life to make a difference in the world even though his ideas were often ignored or rejected. In addition to Robert Owen, I am interested in finding out more about John Stuart Mill. I liked how Mill fought for women’s’ rights and argued that wealth distribution should vary between regions. I think that it is amazing how Mill was different from other economists in terms of his views and what he supported. His supported more rights for women, for instance, and also brought attention to the idea that every society differs in culture and therefore should have a different wealth distribution. I am interested in learning more about how he developed his theory of wealth