Natural Elements of Political Economy by Richard JenningsNatural Elements of Political Economy by Richard Jennings

Natural Elements of Political Economy

byRichard Jennings

Paperback | January 10, 2012

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This historic book may have numerous typos, missing text or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1855. Not illustrated. Excerpt: ... CHAP. IV. CONCLUSION. In concluding our examination of this branch of abstract Political-economy, it may be convenient to consider, in the most general manner, how the principles, with which we have been engaged, ought to be applied to effectuate the purposes of the Art. We shall, therefore, suppose the case of a Political-economist, in possession of the means of improving the social condition of mankind, and desirous to learn the right method of applying those means-- selecting the Country on which he has the power of operating as the field of his operations, and inquiring by what specific measures, as, for instance, by devising and promoting what Acts of Parliament, by giving what votes, by writing what essays, by making what speeches, or by what other mode of exerting his influence, he can promote the happiest Production, Distribution, and Consumption of Wealth in this country. When thus regarding men as composing one single political body, and viewing a nation as a whole, the consideration to which the Political-economist would direct his attention first, is that at which, in analyzing its parts, and tracing its elementary principles, we naturally arrived last, viz., the consideration of the present rate of Industrial and Economical Operations as compared with their rate in past times, and in reference to existing circumstances,--to borrow the language of sanatory art, he would, in the first instance, feel the pulse of his patient. If for this purpose he were to select any fixed period, as, for instance, a month, to constitute an unit of time for the measurement of the Dynamical Phenomena of Political-economy, his first object would be to discover what the rate of Industrial and Economical Action had been during the past month; and should it appear to have b...
Title:Natural Elements of Political EconomyFormat:PaperbackDimensions:62 pages, 9.69 × 7.44 × 0.13 inPublished:January 10, 2012Publisher:General Books LLCLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:021797077X

ISBN - 13:9780217970778