POLITICAL ECONOMY--meaning of the term.
Distinguished from POLITICS.
-----from the knowledge of AGRICULTURE, MANUFACTURES and COMMERCE.
Causes which retarded its progress among the Greeks--Romans--States of modern Europe.
Is necessarily a Science of late origin--Rise of it in Italy--Spain--French Economist-- Adam Smith--subsequent writers.
Is founded on extensive views of facts and incontrovertible principles. 
On the contrary, the opinions of those who neglecting it, profess to rely on facts, are founded merely on narrow and partial views of facts.
Great degree of certainty of which it is capable
WHAT constitutes WEALTH?
Notions of the Spaniards--of the Tartars--of the Greeks.
Value of two kinds: 1. in use. 2. in exchange--what constitutes the latter.
Origin and progress of Society. First or rudest state; race of HUNTERS.
Two causes which stimulate mankind to exertion and improvement--increase of population--and their insatiable wants and desires.
Tendency of population to exceed the means of subsistence.
Second state of society; SHEPHERDS.
Advantages of the change.
Third state; CULTIVATORS. 
Local circumstances favorable to each class; and causes which delay and prevent improvement.
Examples of these.
Commerce and barter in some degree common to all stages of Society.
Excess of food above the maintenance of the labor employed in producing it, is not a property of land, but of labor, or the mode of applying it.
Origin of Wealth from economy, or accumulation of surplusage.