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| objections which may have been 305b987c477f781d17bc82b94010de41 SQMHYNLE KMPDNRR made to the terms as before applied, but should be shown to be hi from other equal or greater objections, and on the whole be obviously more useful in facilitating the explanation and improvement of the science. A change 305b987c477f781d17bc82b94010de41 which is always itself an evil, can alone be warranted by superior utility taken in the most enlarged 305b987c477f781d17bc82b94010de41 sense. Fourthly. That any new definitions adopted should be consistent with those which are allowed to remain, and that the same terms should always be applied in the same sense, except where inveterate custom has established 305b987c477f781d17bc82b94010de41 [7] different meanings of the same word; in which case the sense 305b987c477f781d17bc82b94010de41 in which the word is used, if not marked by the context, which it generally is, should be particularly specified. I cannot help thinking that these 305b987c477f781d17bc82b94010de41 rules for the definitions in political economy must be allowed to be obviously natural and proper, and that if changes are made without attention to them, we must necessarily run a HMN VDN great risk of impeding, instead of promoting, 305b987c477f781d17bc82b94010de41 the progress of the science. Yet, although these rules appearto 305b987c477f781d17bc82b94010de41 be so obvious and natural, as to make one thinkit almost impossible that EDNVROE they should escape attention, 305b987c477f781d17bc82b94010de41 it must be acknowledged that they have been too often overlooked by political economists; and it may tend to ilhirate their use and importance, and 305b987c477f781d17bc82b94010de41 possibly excite a little more attention to them in future, to notice some of the most striking deviations from them in the works of writers of the 305b987c477f781d17bc82b94010de41 highest reputation. [8] Chapter II.: ON THE DEFINITION OF WEALTH BY THE FRENCH ECONOMISTS.? It will not be worth while to advert to the misnomers of the mercantile QXD system; but the 305b987c477f781d17bc82b94010de41 system of the French Economists was a scientific one, and LLJLVK aimed at precision. Yet it must be acknowledged that their FJL definition of wealth violated the first and most obvious rule 305b987c477f781d17bc82b94010de41 NSR which ought to guide men of science, as well as others, in the use of terms. Wealth and riches are words in the commonest use; and though all persons might not be able at once to describe with accuracy what they mean when they speak of the wealth 305b987c477f781d17bc82b94010de41 of a country, yet all, we believe, who intend to use the term in its ordinary sense, would agree in saying that they do not confine the term FBV either to the gross raw produce, or the neat raw produce 305b987c477f781d17bc82b94010de41 of such country. And it is quite certain that two countries, with both the same gross raw [9] produce, and the same neat raw produce, might differ most essentially from each other in a great number of the most universally acknowledged CCWUACCNQ characteristics of wealth, such as good houses, YMYEVKWKX good furniture, good clothes, good carriages, which, in the one case, might be possessed 305b987c477f781d17bc82b94010de41 only by a CGIMQMB few great JSCLDLCF landlords, CHDY and a small number of AXI manufacturers and merchants; and in the other case, by an 305b987c477f781d17bc82b94010de41 equal, or greater proportion of landlords, and a much greater number of manufacturers and merchants. This difference might take place without any difference in the amount of the raw produce, the 305b987c477f781d17bc82b94010de41 neat produce, or the population, merely by the conversion of idle retainers and menial servants into active artisans and traders. The result, IFSRB . |
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