Political Economy (Classic Reprint)

Political Economy (Classic Reprint)

by Francis A. Walker
     
 

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Excerpt from Political Economy

1. What Political Economy is. - Political Economy, or Economics, is the name of that body of knowledge which relates to wealth.

Political Economy has to do with no other subject, whatsoever, than wealth. Especially should the student of economics take care not to allow any purely political, ethical or social considerations to

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Overview

Excerpt from Political Economy

1. What Political Economy is. - Political Economy, or Economics, is the name of that body of knowledge which relates to wealth.

Political Economy has to do with no other subject, whatsoever, than wealth. Especially should the student of economics take care not to allow any purely political, ethical or social considerations to influence him in his investigations. All that he has, as an economist, to do is to find out how wealth is produced, exchanged, distributed and consumed. It will remain for the social philosopher, the moralist, or the statesman, to decide how far the pursuit of wealth, according to the laws discovered by the economist, should be subordinated to other, let us say, higher, considerations. The more strictly the several branches of inquiry are kept apart, the better it will be for each and for all.

The economist may also be a social philosopher, a moralist, or a statesman, just as the mathematician may also be a chemist or a mechanician; but not, on that account, should the several subjects be confounded.

2. Political Economy does not Inculcate Love of Wealth. - Because political economy confines itself to discovering the laws of wealth, it has by some been called, derisively, the Gospel of Mammon.

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Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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Product Details

ISBN-13:
9781330307755
Publisher:
FB &c Ltd
Publication date:
07/02/2015
Pages:
558
Product dimensions:
6.00(w) x 9.00(h) x 1.13(d)

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