Mankind and Political Arithmetic
Mankind and Political Arithmetic
Book Excerpt
or of the Essay
on Ways and Means." The volume was written by a member of
Parliament in the days of William and Mary, who desired to apply
principles of political economy to the maintenance of English wealth
and liberty. It has been wrongly scribed to Defoe; and its
suggestion of the plan a trading Corporation for solution of the
whole problem of relief to the poor who cannot work, and relief from
the poor who can, might indeed make another chapter in Defoe's
"Essay on Projects." The chapter, which gives the Political
Arithmetic of Gregory King, with such comment and suggestions as
might be expected from a liberal supporter of the Revolution, and
with this suggestion of a Corporation, is in itself a complete
essay. It follows naturally upon the Political Arithmetic of Sir
William Petty in close sequence of time, and in carrying a like
method of inquiry forward until it reaches a few more conclusions.
I have, therefore, added it to this volume. It seems, at any rate,
to show how Sir William Petty's books,
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