Essays on some unsettled Questions of Political Economy
John Stuart Mill · en
cases in which the preponderance is on the contrary side.
THE END.
NOTES:
[8] We say, the _production_ and _distribution_, not, as is usual with
writers on this science, the production, distribution, and _consumption_.
For we contend that Political Economy, as conceived by those very
writers, has nothing to do with the consumption of wealth, further than
as the consideration of it is inseparable from that of production, or
from that of distribution. We know not of any _laws_ of the _consumption_
of wealth as the subject of a distinct science: they can be no other
than the laws of human enjoyment. Political economists have never treated
of consumption on its own account, but always for the purpose of the
inquiry in what manner different kinds of consumption affect the production
and distribution of wealth. Under the head of Consumption, in professed
treatises on the science, the following are the subjects treated of: 1st,
The distinction between _productive_ and _unproductive_ consumption; 2nd,
The inquiry whether it is possible for _too much_ wealth to be _produced_,
and for too great a portion of what has been produced to be applied to the
purpose of further _production_; 3rd, The theory of taxation, that is to
say, the following two questions--by whom each particular tax is paid
(a question of _distribution_), and in what manner particular taxes affect
_production_.
[9] The physical laws of the production of useful objects are all
equally presupposed by the science of Political Economy: most of them,
however, it presupposes in the gross, seeming to say nothing about them.
A few (such, for instance, as the decreasing ratio in which the produce
of the soil is increased by an increased application of labour) it is
obliged particularly to specify, and thus seems to borrow those truths
from the physical sciences to which they properly belong, and include
them among its own.
[10] The _science_ of legislation is an incorrect and misleading
expression. Legislation is _making laws_. We do not talk of the
_science_ of _making_ anything. Even the _science of government_ would
be an objectionable expression, were it not that _government_ is often
loosely taken to signify, not the act of governing, but the state or
condition of _being governed_, or of living under a government. A
preferable expression would be, the science of _political society_; a
principal branch of the more extensive science of society, characterized
in the text.