TREATISE ON POLITICAL ECONOMY; OR THE PRODUCTION, DISTRIBUTION AND CONSUMPTION ОР WEALTH. BY JEAN-BAPTISTE SAY. TRANSLATED FROM THE FOURTH EDITION OF THE FRENCH By C. R. PRINSEP, M. A. WITH NOTES BY THE TRANSLATOR. Third American Edition. CONTAINING A TRANSLATION OF THE INTRODUCTION, AND ADDITIONAL NOTES, BY CLEMENT C. BIDDLE, MEMBER OF THE AMERICAN PHILOSOPHICAL SOCIETY. PHILADELPHIA: JOHN GRIGG, No. 9, NORTH fourth street. 1827. KF 8325 HARVARD Eastern District of Pennsylvania, to wit: Be it remembered, that on the eleventh day of May, A. D. 1827, in the fifty-first year of the Independence of the United States of America, John Grigg, of the said district, has deposited in this office the title of a Book, the right whereof he claims as proprietor, in the words following, to wit:— "A Treatise on Political Economy; or the Production, Distribution and Consumption of Wealth. By Jean-Baptiste Say. Translated from the fourth edition of the French by C. R. Prinsep, M. A. With notes by the Translator. Second American Edition. Containing a Translation of the Introduction, and additional Notes, by Clement C. Biddle, member of the American Philosophical Society." In conformity to the Act of the Congress of the United States, entitled, "An act for the encouragement of learning, by securing the copies of maps, charts and books, to the authors and proprietors of such copies, during the times therein mentioned:" and also to an act entitled, “An act supplementary to an act, entitled, An act for the encouragement of learning, by securing the copies of maps, charts and books, to the authors and proprietors of such copies, during the times therein mentioned; and extending the benefits thereof to the arts of designing, engraving, and etching historical and other prints. D. CALDWELL, Clerk of the Eastern District of Pennsylvania. J. CRISSY AND G. GOODMAN, PRINTERS. CONTENTS. PAGE ix xxiii Of the nature of productive capital, and the mode in which it concurs in the business of production Of the natural agents, that assist in the production of wealth; and specially of land Of the mode, in which industry, capital, and natural agents unite for the purpose of production VII. Of the labour of mankind, of nature, and of ma- VIII. Of the advantages and disadvantages, resulting from XV. Of the vent or demand for products XVI. Of the benefits, resulting from the brisk circulation |