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luchonacho

"The upshot of your so-called science is this, that you increase the wealth of a nation by increasing in it the quantity of things which are produced by labour: no matter what they are, no matter how produced, no matter how distributed. [...] Now, I say, if this be so, riches are not the object for a community to aim at. I say, the nation is best off, in relation to other nations, which has the greatest quantity of the common necessaries of life distributed among the greatest number of persons; which has the greatest number of honest hearts and stout arms united in a common interest, willing to offend no one, but ready to fight in defence of their own community against all the rest of the world, because they have something in it worth fighting for. The moment you admit that one class of things, without any reference to what they respectively cost, is better worth having than another; that a smaller commercial value, with one mode of distribution, is better than a greater commercial value, with another mode of distribution; the whole of that curious fabric of postulates and dogmas, which you call the science of political economy, and which I call politicæ oeconomiæ inscientia, tumbles to pieces."

Reverend Doctor Folliott

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