t means, some general preconception of what are
the uses of the pursuit, and what the series of topics through which he
is about to travel. As a mere anticipation or _ebauche_ of a definition,
intended to indicate to a learner as much as he is able to understand
before he begins, of the nature of what is about to be taught to him,
we do not quarrel with the received formula. But if it claims to be
admitted as that complete _definitio_ or boundary-line, which results
from a thorough exploring of the whole extent of the subject, and is
intended to mark the exact place of Political Economy among the
sciences, its pretension cannot be allowed.
"The science of the laws which regulate the production, distribution,
and consumption of wealth." The term wealth is surrounded by a haze of
floating and vapoury associations, which will let nothing that is seen
through them be shewn distinctly. Let us supply its place by a
periphrasis. Wealth is defined, all objects useful or agreeable to
mankind, except such as can be obtained in indefinite quantity without
labour. Instead of all objects, some authorities say, all material
objects: the distinction is of no moment for the present purpose.
To confine ourselves to production: If the laws of the production of all
objects, or even of all material objects, which are useful or agreeable
to mankind, were comprised in Political Economy, it would be difficult
to say where the science would end: at the least, all or nearly all
physical knowledge would be included in it. Corn and cattle are material
objects, in a high degree useful to mankind. The laws of the production
of the one include the principles of agriculture; the production of the
other is the subject of the art of cattle-breeding, which, in so far as
really an art, must be built upon the science of physiology. The laws of
the production of manufactured articles involve the whole of chemistry
and the whole of mechanics. The laws of the production of the wealth
which is extracted from the bowels of the earth, cannot be set forth
without taking in a large part of geology.
When a definition so manifestly surpasses in extent what it professes to
define, we must suppose that it is not meant to be interpreted literally,
though the limitations with which it is to be understood are not stated.
Perhaps it will be said, that Political Economy is conversant with such
only of the laws of the production of wealth as are applicable to _all_
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