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An Outline of the Science of Political Economy

  • An Outline of the Science of Political Economy by Nassau W. Senior
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05/28/1836Nassau W. Senior

From the INtroduction:

We propose in the following Treatise to give an outline of the Science which treats of the Nature, the Production, and the Distribution of Wealth. To that Science we give the name of Political Economy. Our readers must be aware that that term has often been used in a much wider sense. The earlier writers who assumed the name of Political Economists avowedly treated not of Wealth but of Government...

It is impossible to overstate the importance of these inquiries, and it is not easy to state their extent. They involve, as their general premises, the consideration of the whole theory of morals of government, and of civil and criminal legislation; and, for their particular premises, a knowledge of all the facts which affect the social condition of every community whose conduct the Economist proposes to influence.

References

Augustus M. Kelley, New York, 1965

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