JB_017_190.xml

Title: [2 Sept. 1801 A 5 Method]

Description: 2 Sept. 1801

A 5

Method

1

D

The mass /value/ of wealth in any community /territory/ at the end of any given

period or space of time say 20 years will be composed of the stock /mass/ in

existence /existing on the territory/ at the commencement of the period plus the

mass that has come into it in the course of the period, minus the mass that has

gone out of it in the course of the same period.

Hence two ways /modes/ of giving encrease to the mass of wealth: one, positive;

by encreasing the quantity that comes in: the other, negative; by diminishing

the quantity that goes out.

Encrease of the mass of wealth as above by diminution of decrease admitts again

of two modifications. 1. Preservation of it as much as may be, according to the

several modifications of the matter of which it consists, preservation of it

after it has already come in. 2. Giving to the mass these modifications which

being once in, are in their nature are least liable to go out.

The departure of a portion of the matter of wealth out of the territory in

question may be either absolute or relative: absolute, when it departs out of

existence as well as out of the territory: relative, when it departs out of the

territory without departing out of existence: absolute departure[?] is

deperition[?]; relative, the being subjected to exportation.

JB_017_339.xml

Title: [6 March 1804 Precognita Ch]

Description: 6 March 1804

Precognita

Ch.1 Analysis

1

Political Economy - Analysis

1. Political Economy a science and an art. p.1.

2 General end in view of Government. p.1.

3. End of government in respect of political economy - augmentation of wealth and

population. p.1.

4. Opulence in ratio of wealth to population. p.1.

5. Agreement and opposition as between wealth and population. p.2.

6. Matter of wealth is subservient to -

1. Subsistence

2. Security.

3. Mere enjoyment. p.2.

7. Quantity of matter to wealth is as original stock - plus increase - minus

decrease. p.2.

8. Modes of increase -

1. positive - 2. diminution of decrease. p.2.

9. Encrease is by -

1. Home produce -

2. Importation - p.2.

10. Decrease by -

1. Consumption -

2. Exportation. p.2.

11 In importation decrease is only as to the community, not as to the world. p.2.

12 So, in exportation, decrease. p.3.

13. Import is generally attended with correspondent export, but not necessarily.

p.3.

14. Consumption is -

1. in the way of use -

2. by deperition. p.3.

JB_017_238.xml

Title: [22 Aug. 1801 Polit. Economy]

Description: 22 Aug. 1801

Polit. Economy

33

3

In like manner in the case of exportation the decrease is only relative: exportation alone being considered, by so much as the wealth of this community is decreased, that of some other is decreased: in relation to the world at large the quantity suffers not in either case any change.

In general, import in respect of one portion of wealth does not take place, but export in respect to another and correspondent position - a portion generally regarded as being of equal value takes place at nearly the same time: the transfer or self-deprivation having the acquisition for what in the language of English law is called its consideration, and in the language of general logic its final cause: but between community and community, as between individual and individual, from motives of fear, amity, or remote personal interest it will sometimes happen that export from this community shall take place without a correspondent import into this from that: import into this, without export from this into that: though import into this can not take place (unless it be from spots occupied in common by the two, such as the greater part of the sea, and some unappropriated parts of the land) without export from that.

Consumption again takes place in either of two ways: purposely in the way of use - or undesignedly, in the way of deperition, without use