25 Aug 1801

A

Polit. Economy

Method

Method

1

{ Method and Leading Features of an Institute of Political Economy (including

Finance) considered as an Art.(a) ( - Adam Smith considered it only as a

Science).

Objects or Ends in view - Maximum of National Wealth - Maximum of Population.

Uses of the matter of Wealth - 1. Provision for subsistence - present

subsistence and Security in respect of future. 2. Provision for Security in

respect of Defence - against external adversaries - internal adversaries - and

calamities to which without human design the community is exposed. 3. Enjoyment

- viz: mere enjoyment, as far as distinguishable from that share which is the

natural {and} more or less inseparable accompaniment of subsistence and

security.

The modifications of the matter of wealth are correspondent to the above uses.

1. Articles of subsistence. 2. Instruments of security in respect of defence 3.

Instruments of enjoyment. But enjoyment being inseparable from the application

of the articles of subsistence to their respective uses, an article of

subsistence is also an article of enjoyment.

Encrease of population is desirable - as being an encrease of 1. the beings

susceptible of enjoyment: 2. the beings capable of being employ'd as instruments

of defence. It results of course from encrease of the means of subsistence and

can not be carried beyond them.