Niels Klim’s Underground Travels, originally published in Latin as “Nicolai Klimii Iter Subterraneum” (1741) is a satirical science-fiction/fantasy novel written by Ludvig Holberg, a Norwegian-Danish dramatist, historian, and essayist, born in Bergen, Norway. It was his first and only novel. It describes a utopian society from an outsider’s point of view, and often pokes fun at diverse cultural and social topics such as moral, science, sexual equality, religion, governments, and philosophy.
This is Mill’s first work on economics. It foreshadows his Political Economy which was the standard Anglo-American Economics textbook of the late 19th and early 20th centuries. Mill’s economic theory moved from free market capitalism, to government intervention within the precepts of Utilitarianism, and finally to Socialism.
In the northern outreaches of the Canadian wilderness, it was understood that the Hudson Bay Company governed all trading, and one factor named Galen Albret took his position seriously. Free traders, or those who dared try to do their trading outside of the Company, found themselves having to face Galen Albret and his methods of dealing with them. One or two offenses he might tolerate, but for those who repeatedly refuse to acknowledge his warning out, he would send them on “La Longue Traverse” through the wilderness without supplies, and from which they seldom returned.
Ned Trent was one such free trader who defied both the Company and Galen Albret. The defining difference betwe...