Publisher's Synopsis
Excerpt from Principles of Political Economy; With Sketch of the Rise and Progress of the Science: By J. R. M'culloch, Essay on Interest and Value of Money, by John Locke
Dr. Smith has not explicitly stated what was the precise meaning attached by him to the term wealth but he most commonly describes it to be 'the annual produce of land and labour.' Mr. Malthus, how ever, has justly objected to this definition, that it refers to the sources of wealth, before we know what wealth is, and that it includes all the useless products of the earth, as well as those which are appropriated and enjoyed by man. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
