11 Sept. 1801

Polit. Economy

A 5

Method D

Method

Features

I. Sponte Acta

Encrease Cause[?]

{1}

1

26

When an encrease of wealth to any given amount takes place, it is either by

means of an encrease of labour or without any encrease of labour.

When it takes place without any encrease in the quantity of labour, it takes

place by means of an encrease in the effect or say efficiency of the quantity of

labour employ'd.

The degree of efficiency {with which the} /on the part of the/ quantity of

labour employ'd {or applied} being given, the encrease of wealth produced by the

labour will be as the quantity of it.

If a quantity of wealth, which before the encrease of efficiency required a

year's labour of two thousand men be now produced by a year's labour of one

thousand, the remains the year's labour of one of the sets of a /a/ thousand men

which when employ'd in the same way or with the same degree of efficiency as

that of the first set, will produce a fresh mass of wealth equal to the original

one.

Reducing by one half the number of men employ'd about an individual work, the

quantity of the work done not being diminished by such reduction is therefore

the same thing in effect as doubling the number of men employ'd with the same

degree of efficiency as before.