Quote by Nassau William Senior
We propose in the following Treatise to give an outline of the Science which treats of the Nature, the Production, and the Distribution of Wealth. To that Science we give the name of Political Economy.
Summary
This quote is an excerpt from "The Principles of Political Economy and Taxation" by David Ricardo. In this quote, Ricardo explains that he intends to present a concise overview of a discipline that focuses on exploring the characteristics, generation, and allocation of wealth. He introduces this field of study as Political Economy, which is often referred to as Economics in modern times. Through this treatise, Ricardo aims to delve into the fundamental principles and mechanisms that govern economies, aiming to provide a foundational understanding of the subject.
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