The rapid success of the _Political Economy_ showed that the public
wanted, and were prepared for such a book. Published early in 1848, an
edition of a thousand copies was sold in less than a year. Another
similar edition was published in the spring of 1849; and a third, of
1250 copies, early in 1852. It was, from the first, continually cited
and referred to as an authority, because it was not a book merely of
abstract science, but also of application, and treated Political Economy
not as a thing by itself, but as a fragment of a greater whole; a branch
of Social Philosophy, so interlinked with all the other branches, that
its conclusions, even in its own peculiar province, are only true
conditionally, subject to interference and counteraction from causes not
directly within its scope: while to the character of a practical guide
it has no pretension, apart from other classes of considerations.
Political Economy, in truth, has never pretended to give advice to
mankind with no lights but its own; though people who knew nothing but
political economy (and therefore knew that ill) have taken upon
themselves to advise, and could only do so by such lights as they had.
But the numerous sentimental enemies of political economy, and its still
more numerous interested enemies in sentimental guise, have been very
successful in gaining belief for this among other unmerited imputations
against it, and the _Principles_ having, in spite of the freedom of many
of its opinions, become for the present the most popular treatise on the
subject, has helped to disarm the enemies of so important a study. The
amount of its worth as an exposition of the science, and the value of
the different applications which it suggests, others of course must
judge.