...cannot be influenced by mere labour, like corn or cotton. " Political economy," says Adam Smith, " considered as a branch of the " science of a statesman...to provide a plentiful revenue or subsistence for tho people ; or " more properly to enable them to provide such a revenue or subsistence a for themselves...

...rt>served that: "Political economy, considered as a bra ich of the science of a statesman or legisla x>r. proposes two distinct objects: first, to provide a...subsistence for the people, or more properly to enable then to provide such a revenue or subsistence for themselves; and, secondly, to supply the state or...

...earlier ""•e of that term, which, according to Adam Smith ( Wealth of Nativnt, bk. iv. ch. i. note), "considered as a branch of the science of a statesman or legislator, proposes two distinct objects," the second of which is "to supply the state or commonwealth with a revenue sufficient for the public...

...Economic Review Vol. XVII. DECEMBER, 1927 No. 4 RUBBER: A CASE STUDY The more practical problems of "political economy, considered as a branch of the science of a statesman or legislator" arise less from deficiencies in the amount of knowledge available than from the difficulty of persuading...