“The business of a Political Economist is neither to recommend nor to dissuade, but to state general principles, which it is fatal to neglect, but neither advisable, nor perhaps practicable, to use as the sole, or even the principal, guides in the actual conduct of affairs.” StatesUsePoliticalPrinciplesAffairGuidesNeglectSolePrincipalEconomistAdvisable Book:Political Economy Source: Political Economy
“With respect to the first of these obstacles, it has often been made a matter of grave complaint against Political Economists, that they confine their attention to Wealth, and disregard all consideration of Happiness or Virtue.” FirstsMadeMatterHappinessPoliticalWealthAttentionVirtueObstaclesGravesConsiderationComplaintsEconomistDisregard Book:An Outline of the Science of Political Economy Source: An Outline of the Science of Political Economy
“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.” GivingSciencePoliticalNamesWealthEconomyTreatsProductionsFollowingDistributionProposeOutlinesPolitical EconomyDistribution Of WealthPolitics And Economics Book:Political Economy Source: Political Economy
