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a treatise on political economy

a treatise on political economy - A Treatise on Political...

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A Treatise on Political Economy; or the Production, Distribution, and Consumption of Wealth. By Jean-Baptiste Say. Translated from the Fourth Edition of the French, By C. R. Prinsep, M. A. with Notes by the Translator. New American Edition . Containing a Translation of the Introduction, and Additional Notes by Clement C. Biddle, LL. D . Member of the American Philosophical Society. Philadelphia : Claxton, Remsen & Haffelfinger 624, 625, & 628 Market Street 1880. Batoche Books Kitchener 2001
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A treatise on political economy; or The production, distribution, and consumption of wealth. By Jean Baptiste Say. Translated from the fourth edition of the French, by C. R. Prinsep, M.A. with notes by the translator. Say, Jean Baptiste, 1767–1832. Batoche Books 52 Eby Street South Kitchener, Ontario, Canada N2G 3L1 email: [email protected] ISBN: 1-55272-060-3
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Contents Advertisement by the American Editor, to the Sixth Edition ........................................................................................................ 5 Advertisement by The American Editor to the Fifth Edition ........................................................................................................ 6 Introduction .................................................................................................................................................................................. 9 Book I.Of the Production of Wealth . .......................................................................................................................................... 25 Chapter I. Of What Is to Be Understood by the Term, Production. ......................................................................................... 25 Chapter II. Of the Different Kinds of Industry, and the Mode in Which They Concur in Production. .................................... 26 Chapter III. Of the Nature of Capital, and the Mode in Which it Concurs in the Business of Production . .............................. 29 Chapter IV. On Natural Agents That Assist in the Production of Wealth, and Specially of Land . ........................................... 30 Chapter V. On the Mode in Which Industry, Capital, and Natural Agents Unite in Production ............................................... 32 Chapter VI. Of Operations Alike Common to All Branches of Industry . ................................................................................. 33 Chapter VII. Of the Labour of Mankind, of Nature, and of Machinery Respectively . ............................................................. 36 Chapter VIII. Of the Advantages and Disadvantages Resulting from Division of Labour, and of the Extent to Which it May Be Carried . .......................................................................................................................................................................... 38 Chapter IX. Of the Different Methods of Employing Commercial Industry, and the Mode in Which They Concur in Produc- tion ....................................................................................................................................................................................... 42 Chapter X.Of the Transformations Undergone by Capital in The Progress of Production ...................................................... 44 Chapter XI Of the Formation and Multiplication of Capital . ................................................................................................... 46 Chapter XII Of Unproductive Capital ...................................................................................................................................... 50 Chapter XIII Of Immaterial Products, or Values Consumed at the Moment of Production . .................................................... 50 Chapter XIV. Of the Right of Property . .................................................................................................................................... 54 Chapter XV. Of the Demand or Market for Products . .............................................................................................................. 56 Chapter XVI. Of the Benefits Resulting from the Quick Circulation of Money and Commodities . ........................................ 59 Chapter XVII. Of the Effect of Government Regulations Intended to Influence Production . .................................................. 60 Section I. Effect of Regulations prescribing the Nature of Products . ..................................................................................... 60 Digression: Upon What Is Called the Balance of Trade ......................................................................................................... 62 Section II. Of the Effect of Regulations fixing the Manner of Production . ............................................................................ 73 Section III. Of Privileged Trading Companies . ...................................................................................................................... 77 Section IV. Of regulations affecting the Corn Trade ............................................................................................................... 79 Chapter XVIII. Of the Effect upon National Wealth, Resulting from the Productive Efforts of Public Authority . ............................................................................................................................................................................ 83 Chapter XIX. Of Colonies and Their Products ......................................................................................................................... 85 Chapter XX. Of Temporary and Permanent Emigration, Considered in Reference to National Wealth . ................................. 89 Chapter XXI. Of the Nature and Uses of Money . ..................................................................................................................... 91 Section I. General Remarks . ................................................................................................................................................... 91 Section II. Of the Material of Money ...................................................................................................................................... 92 Section III. Of the Accession of Value a Commodity receives by being Vested with the Character of
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