XIX

W. H. HUTT was born in London in 1899. He attended the London School of Economics and after graduation took employment in business. In 1928 he was appointed professor of commerce at the University of Capetown, South Africa, where he is now dean of the Faculty of Commerce. His works include: The Theory of Collective Bargaining, 1930; Economists and the Public, 1936; The Theory of Idle Resources, 1939; and Plan for Reconstruction, 1943.

XX

ARTHUR F. BURNS was born in Austria in 1904. He studied at Columbia University, took his doctor’s degree there in 1934, and became professor of economics there in 1944. He has been director of research at the National Bureau of Economic Research since 1930, and is now president of that organization. From 1953 to 1956 he was a chairman of the President’s Council of Economic Advisers. In 1946 he collaborated with the late Wesley C. Mitchell in the study Measuring Business Cycles.

XXI

MELCHIOR PALYI was born in Hungary and educated in Switzerland and Germany. He has combined business activities in Continental countries, Great Britain, and the United States with academic work in leading universities both here and abroad. Since 1933 Dr. Palyi has lived in America, where he has been active as a research economist and as visiting professor at the Universities of Chicago, Northwestern, Wisconsin, and Southern California. The following short excerpt is from pages 28-30 of his book, The Dollar Dilemma: Perpetual Aid to Europe?

XXII

DAVID MCCORD WRIGHT was born in Savannah, Georgia, in 1909. He studied at Harvard University and took his doctor’s degree there in 1940. In 1953 he was Fulbright lecturer at Oxford University. Since 1955 he has been William Dow professor of economics and political science at McGill University, Montreal. His books include: The Economics of Disturbance, 1947; Capitalism, 1951, and A Key to Modern Economics, 1954. He also edited, in 1951, The Impact of the Labor Union, a round-table discussion by eight prominent economists.

A TREATISE ON POLITICAL ECONOMY

ON

TO WHICH IS PREFIXED

A SUPPLEMENT TO A PRECEDING WORK ON THE UNDERSTANDING

OR, ELEMENTS OF IDEOLOGY

BY

THE COUNT DESTUTT TRACY

TRANSLATION EDITED BY THOMAS JEFFERSON

[1817]

First Edition 1817
(Georgetown, D. C.: Published by Joseph Mulligan,
Printed by W. A. Rind & Co., 1817)

Reprinted 1970 by
AUGUSTUS M. KELLEY · PUBLISHERS
REPRINTS OF ECONOMIC CLASSICS
New York New York 10001

The Ludwig von Mises Institute
Auburn, Alabama
2009

A TREATISE

ON

POLITICAL ECONOMY;

TO WHICH IS PREFIXED

A SUPPLEMENT TO A PRECEDING WORK ON THE UNDERSTANDING

OR ELEMENTS OF IDEOLOGY;

WITH AN

ANALYTICAL TABLE,

AND AN

INTRODUCTION ON THE FACULTY OF THE WILL.

BY THE COUNT DESTUTT TRACY,