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.