JB/003/085/003

Click Here To Edit

30 Oct. 1800
Paper Mischief

1
On this ground
everything is
apt to appear
nugatory or erroneous. p. p. 1

2
The terms being
in everybody's
mouth (and yet
too ample for their
import to be and
bearings to be embraced
by every
mind everybody
thinks himself
master of the science. p. 1

3
There are facts
apparently inconsistent
relative
to wealth
and money. p. 2.

4
The wealth of the
community is the
sum of the wealths
of individuals. p. 2

5
The year's increase
of wealth
is the difference
between the out
comings-in and
outgoings. p. 2

6.
So – of money. p. 3.

---page break---

7
Every addition to
the individuals
money, is the same
to his wealth. p. 3
Because no mon
Unless imported
in which case it
is so much added
to the say money not wealth of the
community. p.

8
No addition to
the money of the
community is
an addition to
its wealth. p.4
For all the money
much or little, can
not be worth more
or less than all the goods bought with it.
– Unless the money
is exported,
– but then is taking
from the money
and adding to the
goods. p. 4

10
Reason of the
difference. The
addition to the
individual's money
does not add to the
community's, unless
imported. p. 5
It varies not the
proportion between
money & wealth. p. 5.

---page break---

11
The sum of the
prices of given for vendibles
in the year, is
the sum of the
several sums given
or engaged to be given
in the year for
all the vendibles. p. 5

12
When double the
number of pounds
of gold is given
for the same quantity
of vendibles
the value of each
pound is but
half what it
was. p. 6.

13
Solution of the
paradox –
Doubling the individual's
money
doubles his wealth
because it does
not vary the proportion
as between
the money
of the community
and its wealth:
doubling the money
of the country
does. p. 7.

---page break---

14
Addition to individuals
money
by importation
will be make his
wealth be after
the addition be
to his wealth before
the addition
as the amount
of the addition
minus the ratio
of the imported
money to the
existing stock
of the community. p. 8.

15
Hence every addition
to the money
of a community
produces
a proportionable
degradation in
the value – and
rise of prices –
Unless p. 9

16
Unless if in so far
as the addition
to money produces,
by labour or exchange,
an
addition to wealth. p. 10

Identifier: | JB/003/085/003 "JB/" can not be assigned to a declared number type with value 3.
Date_1	1800-10-30	Marginal Summary Numbering
Box	003	Main Headings	manual of political economy
Folio number	085	Info in main headings field	paper mischief
Image	003	Titles
Category	rudiments sheet (brouillon)	Number of Pages	2
Recto/Verso	recto	Page Numbering
Penner	jeremy bentham	Watermarks	1798 am
Marginals		Paper Producer
Corrections	jeremy bentham	Paper Produced in Year	1798
Notes public		ID Number	1495
Box Contents