Formidable obstacles to progress, 509, 510.
But no ground for despair, 510.
Châteaubriand represents civilisation and corruption of morals
as marching abreast, 511, 512.
‹Petty, Sir W.›, cited, 186.
‹Phalanstère›, a Socialist work, referred to, 64, 205, ‹note›.
‹Physiocrates›, French Economists of the school of Quesnay, 153,
‹note›.
Represented all labour not worked up in a material commodity as
sterile, ‹ib.›
‹Political Economy›, limits of the science marked out, 70, 71.
May be defined the theory of exchange, 73;
or the theory of value, ‹ib.›
Takes for granted the existence of evil and suffering, 76.
Many errors in, arise from regarding human wants as a fixed
quantity, 79.
Not one of the exact sciences, 82, 83.
First principles of, involved in difficulties by erroneous
definitions of value, 136.
A science of observation and exposition, 502.