“The state, by relieving idleness, improvidence, or misconduct from punishment, and depriving abstinence and foresight of the reward, which have been provided for them by nature, may indeed destroy wealth, but most certainly will aggravate poverty.” MayHas BeensStatesWealthPovertyRewardsPunishmentIdlenessForesightAbstinenceDeprivingMisconduct Author:Nassau William Senior
“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