JOHN STUART MILL – ONE OF THE FIVE GREATEST ECONOMISTS (210th Anniversary, 1806-1873)

Until recently we did not pay great attention to the ideas of the famous English economist John Stuart Mill (1806-1873). But the name of J.S. Mill is emphasized in the history of economic thought. Modern American economists K.R. McConnell and S.L Brue name J.S. Mill among the five biggest economists of the world. They are: A. Smith, D. Ricardo, J.S. Mill, K. Marx, J.M. Keynes [1, p. 7].