Principles of Political Economy, Vol. 1Roscher, Wilhelm
History
Principles of Political Economy, Vol. 1
Roscher, Wilhelm
Economics
By the science of national,(130) or Political Economy, we understand the
science which has to do with the laws of the development of the economy of
a nation, or with its economic national life. (Philosophy of the history
of Political Economy, according to von Mangoldt.) Like all the political
sciences, or sciences of _national life_, it is concerned, on the one
hand, with the consideration of the individual man, and on the other, it
extends its investigations to the whole of human kind.(131)
National life, like all life, is a whole, the various phenomena of which
are most intimately connected with one another. Hence it is, that to
understand one side of it scientifically, it is necessary to know all its
sides. But, especially, is it necessary to fix one’s attention on the
following seven: language, religion, art, science, law, the state and
economy.(132) Without language, all higher mental activity is unthinkable;
without religion, all else would lose its firmest foundation and highest
aim. Through art, alone, do all these sides attain to beauty; through
science, alone, to clearness. Law arises, the moment conflicts of will
become inevitable and an adjustment is desired. The state has to do with
them, in so far as they have any external force or validity. Indeed, there
is no human relation, not even the highest and the sweetest, but has its
economic interests. It is, therefore, natural, that each of the sciences
which relate to these various regions of human life should, in part,
presuppose all others, and, in part, serve as a basis for them.(133)
But in the midst of this universal relationship, it is easy to see that
law, the state and economy constitute a family, as it were apart and more
closely connected. (The social sciences, in the narrower sense of the
expression.)
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