A Treatise on Political Economy

A Treatise on Political Economy
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A Treatise on Political Economy by Antoine Louis Claude Destutt de Tracy (1754–1836) is a foundational text of nineteenth-century, free-market economic thought and remains one of the classics of nineteenth-century French economic liberalism. Destutt de Tracy was one of the founders of the classical liberal republican group known as the Idéologues, which included Jean-Baptiste Say, Marquis de Condorcet, and Pierre Cabanis.In this volume, Destutt de Tracy provides one of the clearest statements of the economic principles of the Idéologues. Placing the entrepreneur at the center of his view of economic activity, he argues against the luxurious consumption of the idle rich and recommends a market economy with low taxation and minimum state intervention.Destutt de Tracy sent the text of A Treatise on Political Economy to Thomas Jefferson in hopes of securing its translation in the United States. It was met with enthusiastic approval. Jefferson wrote to the publisher, “The merit of this work will, I hope, place it in the hands of every reader in our country.”Jeremy Jennings is Professor of Political Theory at Queen Mary, University of London. Please note: This title is available as an ebook for purchase on Amazon, Barnes and Noble, and iTunes.

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Antoine Louis Claude Destutt De Tracy. A Treatise on Political Economy

Contents

Acknowledgments

Introduction to the Liberty Fund Edition

Note on the Text

A TREATISE. on. POLITICAL ECONOMY;

ANALYTICAL TABLE,

BY THE COUNT DESTUTT TRACY,

Letter from Thomas Jefferson to Joseph Milligan*

Prospectus

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Abstract, or Analytical Table

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Supplement. To the first section of the Elements of Ideology

Second Section. of the. Elements of Ideology, or a treatise on the will and its effects. Introduction. SECTION 1

SECTION 2

SECTION 3

SECTION 4

SECTION 5

SECTION 6

SECTION 7

First Part. of the. Treatise on the Will and Its Effects. Of Our Actions. CHAPTER I

CHAPTER II

CHAPTER III

CHAPTER IV

CHAPTER V

CHAPTER VI

CHAPTER VII

CHAPTER VIII

CHAPTER IX

CHAPTER X

CHAPTER XI

CHAPTER XII

CHAPTER XIII

Supplement to the First Section of the Elements of Ideology

Aphorism First.*

OBSERVATION

COROLLARY

Aphorism Second

COROLLARY

Aphorism Third

COROLLARY

Aphorism Fourth

OBSERVATION

Aphorism Fifth

Aphorism Sixth

Aphorism Seventh

COROLLARY

Aphorism Eighth

OBSERVATION

Aphorism Ninth

OBSERVATION

Aphorism Tenth

OBSERVATION

REMARK

Aphorism Eleventh

Aphorism Twelfth

REMARK

OBSERVATION

Aphorism Thirteenth

OBSERVATION

Aphorism Fourteenth

REMARK AND CONCLUSION

Second Section of the Elements of Ideology, or a treatise on the will and its effects

Introduction. SECTION FIRST

SECTION SECOND

SECTION THIRD

SECTION FOURTH

SECTION FIFTH

SECTION SIXTH

SECTION SEVENTH

FIRST PART. OF THE. TREATISE ON THE WILL AND ITS EFFECTS. Of Our Actions

CHAPTER I. Of Society

CHAPTER II. Of Production, or of the Formation of Our Riches

CHAPTER III. Of the Measure of Utility or of Values

CHAPTER IV. Of the Change of Form, or of Manufacturing Industry, Comprising Agriculture

CHAPTER V. Of the Change of Place, or of Commercial Industry

CHAPTER VI. Of Money

CHAPTER VII. Reflections on What Precedes

CHAPTER VIII. Of the Distribution of Our Riches amongst Individuals

CHAPTER IX. Of the Multiplication of Individuals, or of Population

CHAPTER X. Consequences and Developments of the Two Preceding Chapters

CHAPTER XI. Of the Employment of Our Riches, or of Consumption

CHAPTER XII. Of the Revenues and Expenses of a Government, and of Its Debts

CHAPTER XIII. Conclusion

Index

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Acknowledgments

Introduction to the Liberty Fund Edition

.....

For commerce and society are one and the same thing.

It alone animates industry.

.....

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