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8 March 1804
Wealth I. 1.
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HK part Political Economy - Method - Sponte Acta
1. Cases in which the interference of government is unnecessary. p.1.
2. Three requisites to the accomplishment of any end - inclination - knowledge - power. p.1.
3. Power most likely to be deficient - the other two may be created. p.1.
4. Sponte acta - Analytical sketch. p.2 /1/x.
5. Wealth - its causes -
1. Final - well-being -
2. Material - Matter -
3. Efficient - Motion. p.1
* 6. 1. Well-being its modifications -
1. Subsistence -
2. Security -
3. Enjoyment. p.1
* 7. 2. Matter of Wealth applicable to - articles of
1. Subsistence -
2. Security /Defence/
3. Enjoyment. p.2.
8. Articles of subsistence are of constant or occasional use.
p.2.
9. Defence is against -
1. Calamity -
2. Delinquency -
3. Hostility. p.3.
10. Convertibility of articles of Subsistence into articles of Defence. p.3.
11. The distinction here is between articles of subsistence & of mere enjoyment. p.4.
12. Articles of subsistence defence or enjoyment are capable of being converted into each other respectively. p.5.
13. Stock of articles of subsistence limited - of instruments of enjoyment unlimited. p.5.
14. quantity of wealth is in proportion to quantity of instruments of enjoyment. p.5.
15. A compound article what - an article contributing to subsistence & enjoyment. p.6.
16. Fund for Defence must come out of fund for enjoyment. p.7.
17. Increase of security and inequality proportionate to increase of opulence.
18. Increase of Luxury proportionate to increase of opulence.
19. Gradations of commercial fortunes gradual - gradations of landed fortunes depend on the original distribution and disposition made by law. p.8.
20. In England commercial has never equalled landed opulence.
p.8.
21. In France landed fortunes exceed those of Britain - commercial fortunes fall short. p.8.
22. Well-being its modifications - all three comprized in opulence. p.8*
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Title: [11 March 1804 Wealth I. 1. +]Description: 11 March 1804 Wealth I. 1. + 2 Political Economy - Method - Sponte Acta Matter / Source. 1. Matter - Sources - 1. Land. 2. Water. p.9. 2. 2. Modifications - improved or unimproved - p.9. 3. - unimproved - 1. Mineral. 2. Vegetable. 3. Animal. p.9. 4. Use immediate or subservient. p.10. 5. Immediate use - when immediately applicable to subsistence security or enjoyment. p.10. 6. Subservient use - when not immediately applicable. p10. Motion 1 Motion may be communicated without contact or by contact. p.10 * 2. Primum mobiles for the increase of wealth. 1. Descent of heavy bodies. 2. Water. 3. Wind. p.11. 4. Expansion and contraction of air. 5. Volition. 6. Labour - human or brute. p.12. 1. Operations by which increase of wealth is promoted. 1. Discovery of source of raw materials. 2. Discovery of land from which the raw material may be extracted. 3. Extraction of the raw material from the land. p.13. 2. French Economists opinion - no value but what is derived from extraction. p.14 /13x/. 3. Practical inference all Taxes should be assessed. i:e: direct. p.14 /13x/. 4. This is sufficient to refute this opinion, which it takes up pages to do in A Smith p.13x. Encrease modes 1. Encrease of wealth is 1. Positive 2. Negative = prevention of decrease. p.1 2. Negative is by 1. keeping in Preservation 2. Relative increase of articles liable to go out. p.1. 3. Modes of departure - destruction - exportation - p. 4. Deperition - partial or deteriorative. p.2 5 Production of deperition - 1 Destructive - 2 Endamagent. p.2. 6 Reference to Civil & Penal law. p 2 Encrease cause. 1. Encrease of wealth is produced either by increase of labour or by increase of the efficiency of labour. p.1 2. If by efficiency the quantity of increase will depend on the efficiency with which the expelled hands are employed. p.2 3. Capital remaining the same, the result of any saving of labour by machinery (for instance half) must be the discharge of half the men. p.2. 4. Capital remaining the same as before, the labour employed about machinery being more expensive, would render a still further decrease of men necessary. p.3.
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Title: [30 Aug 1801 Polit. Economy]Description: 30 Aug 1801 Polit. Economy A1 V Method I. Sponte Acta 2 { Matter. This, considered with reference to the final cause, well-being may be termed (such parts of it as by the use made of them become subservient to well-being the final cause) matter of wealth. The term matter of wealth is applicable in common to 1. Articles or instruments of subsistence 2. Instruments of defence 3. Instruments of enjoyment Articles of subsistence are either of constant use, or occasional use Articles of constant use. 1. Articles of nourishment: viz: food and drink: i:e: liquid or solid the distinction between which is at their point of nearest approach undeterminable. 2. Articles serving for the regulation of temperature and state of the air in respect of moisture. These are either lodging or cloathing. These if carried by a man about his person at the time of his using them, belong to the head of apparel; if not, to that of lodging, whether fixed or moveable. See Receptacles[?]. Articles of occasional use are articles of medicine.}
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Title: [30 Aug 1801 Polit Economy A1]Description: 30 Aug 1801 Polit Economy A1 V Method 1. Sponte Acta 1 * { 1. Sponte Acta - Here follow the first steps in an analytical survey, {in the form of an Encyclopedical tree,} shewing how to draw an arch round the subject, and how to mount or discover what remains to be invented or discovered in this quarter of the field of human knowledge. Causes of Wealth or the /say/ matter of wealth are 1. Final - Well-being. 2. Material - Matter - considered in respect of its possessing or being capable of possessing value: viz: subserviency to well-being - the final cause. 3. Efficient - viz: Motion. 1. Well-being - its modification ranged in the order of their importance - 1. Subsistence (present) 2. Security in respect of defence: viz: against the evils to which human nature is exposed: particularly from the action of exterior agents agents exterior to a man's own body. Security in respect of future subsistence see Subsistence 3. Enjoyment - viz: mere enjoyment distinct from the maintenance of subsistence, and the contemplation of security.}
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