endeavor has been to present both sides in all subjects that are recognized as matter of legitimate discussion, and to allow the reader to form his own opinion or judgment on the matter. The author takes this occasion to thank very sincerely those whose encouragement has made the publication of this volume possible, and to express his obligations to the writers on economic subjects of whose works he has freely made use. CONTENTS I. DEFINITION OF POLITICAL ECONOMY. Political Economy a practical science Political Economy subject to Ethics Political Economy distinct from Ethics . Political Economy subordinate to Political Science II. METHOD OF POLITICAL ECONOMY. Subject matter of Political Economy (2) Adam Smith and his followers. Position of the Catholic School. V |