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tific character of this study
OF THE MENTAL AND PHYSICAL PREMISSES OF POLITICAL ECONOMY, AND
OF THE LOGICAL CHARACTER OF THE DOCTRINES THENCE DEDUCED.
§ 1. Position occupied by economic speculation in relation to the
two great departments of existence---matter and mind
Views on this point of Mr. Mill and of Mr. Senior . .
Criticism of these views
Mr. Senior's view criticized
OF TAE LOGICAL METHOD OF POLITICAL ECONOMY.
§ 1. The method of Political Economy inculcated in the preceding
lecture, the same which has, in fact, been followed by the
leading authorities in the science .
Mr. Tooke's method in monetary investigation
§ 1. Circumstances in which an economic law, regarded logically,
differs from a law in the more advanced physical sciences--
unsusceptibility of precise quantitative statement
theory of the decline of profits
And by the effects of changes of taxation on consumption
affecting the solution of economic problems
high price of corn during the four years 1853