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By Say J.-B.

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And how does this happen ? The reasoning proceeds in a straight line; but a vital force, often unperceived, and always inappreciable, makes the facts differ very far from our calculation. From that instant nothing in the author's work is represented as it really occurs in nature. It is not sufficient to set out from facts; they must be brought together, steadily pursued, and the consequences drawn from them constantly compared with the effects observed. The science of political economy, to be of practical utility, should not teach, what must necessarily take place, if even deduced by legitimate reasoning, and from undoubted premises ; it must show, in what manner that which in reality does take place, is the consequence of other facts equally certain.

This, also, according to Dr. Smith, is a principle; al though considered by me as an error. t This same Galiani remarks, in the same work, that whatever is gained by some must necessarily be lost by others; in this way proving, that a very ingenious writer may not even know how to deduce the most simple conclusions, and may pass by the Iruih without perceiving it. For, if wealth can be created by labour, there may then be a new description of wealth in the world, not taken from anybody. Indeed, this author in his Dialogues on the Corn Trade, published in France a long time afterwards, has himself, In a very peculiar manner, pronounced his own condemnation.

From that instant nothing in the author's work is represented as it really occurs in nature. It is not sufficient to set out from facts; they must be brought together, steadily pursued, and the consequences drawn from them constantly compared with the effects observed. The science of political economy, to be of practical utility, should not teach, what must necessarily take place, if even deduced by legitimate reasoning, and from undoubted premises ; it must show, in what manner that which in reality does take place, is the consequence of other facts equally certain.

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A Treatise on Political Economy or the Production, Distribution and consumption of Wealth by Say J.-B.


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