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<head>16<lb/> Civil I</head> | <head>16<lb/> Civil I</head> | ||
<p>1. Political Economy, or rather Political Economy<lb/> and Finance. Proposed reform: abolition of useless <lb/><add>and expensive</add> encouragements given under the notion of a benefit to<lb/> | <p>1. Political Economy, or rather Political Economy<lb/> and Finance. Proposed reform: abolition of useless <lb/><add>and expensive</add> encouragements given under the notion of a benefit to<lb/> trade. </p> | ||
<p>Every encouragement bestowed upon this or that <lb/>particular branch of trade with the sole view <del>st</del> of <lb/>the benefit to trade [and which is not necessarily <add><del><gap/></del></add> employed<lb/> in the procurement of <add>national</add> subsistence, or profitably<lb/> employed in the advancement <add>business</add> of national defense] is <lb/>so much money or moneys worth thrown away. For as<lb/> the quantity of trade in every nation during <del>any</del> <add>a given</add> <lb/>period I mean the quantity of <add>growing</add> wealth produced <lb/>during <add>in the course of</add> that period depends upon the quantity of [land,] <lb/>stock [and labour] employed in the production of it during <lb/>that period, and no encouragement that can be given<lb/> can add to the sum of any one of these three <del>con</del> <lb/>efficient causes or instruments of growing wealth, <lb/> whatever <del>an</del> is given in the way of encouragement<lb/> In one branch of trade, to one species of production <add>course of conveyance or exchange</add> is <lb/> so much taken away from all the rest. You can no<lb/> more increase the sum of wealth by any such means, <lb/> than you can increase the quantity of weight in a scale, <lb/>by taking <del>a</del> weights from one part of the scale, and putting <lb/>them onto another part of the same scale. </p> | |||
<p>The trade thus encouraged is either an <add>a good</add> advantageous <lb/>trade in comparison of the others not encouraged, or an<lb/> unadvantageous one: <del>as the</del> if an advantageous one <note>in itself and without the encouragement</note> the encouragement <lb/> is unnecessary and useless: if an unadvantageous <lb/> one, it is pernicious. If the legislator in <del>his sagacity</del> <add>the plenitude of his wisdom</add> <lb/>happens to know of a more advantageous branch of trade <lb/>than is known to any <del>trader</del> <add>man</add> whose business it is to trade, <del>it fic</del> <add>let him</add> <lb/><del>has</del> but to point it out, and if it be really so, then he need not be apprehensive<lb/> of their not betaking themselves to it: instruction which <unclear>wits</unclear> nothing, will answer every good purpose of a bribe.<lb/> <add>But</add> | |||
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16
Civil I
1. Political Economy, or rather Political Economy
and Finance. Proposed reform: abolition of useless
and expensive encouragements given under the notion of a benefit to
trade.
Every encouragement bestowed upon this or that
particular branch of trade with the sole view st of
the benefit to trade [and which is not necessarily employed
in the procurement of national subsistence, or profitably
employed in the advancement business of national defense] is
so much money or moneys worth thrown away. For as
the quantity of trade in every nation during any a given
period I mean the quantity of growing wealth produced
during in the course of that period depends upon the quantity of [land,]
stock [and labour] employed in the production of it during
that period, and no encouragement that can be given
can add to the sum of any one of these three con
efficient causes or instruments of growing wealth,
whatever an is given in the way of encouragement
In one branch of trade, to one species of production course of conveyance or exchange is
so much taken away from all the rest. You can no
more increase the sum of wealth by any such means,
than you can increase the quantity of weight in a scale,
by taking a weights from one part of the scale, and putting
them onto another part of the same scale.
The trade thus encouraged is either an a good advantageous
trade in comparison of the others not encouraged, or an
unadvantageous one: as the if an advantageous one in itself and without the encouragement the encouragement
is unnecessary and useless: if an unadvantageous
one, it is pernicious. If the legislator in his sagacity the plenitude of his wisdom
happens to know of a more advantageous branch of trade
than is known to any trader man whose business it is to trade, it fic let him
has but to point it out, and if it be really so, then he need not be apprehensive
of their not betaking themselves to it: instruction which wits nothing, will answer every good purpose of a bribe.
But
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jeremy bentham |
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