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Edinburgh Review, Vol. 40




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Excerpt from Edinburgh Review, Vol. 40: Or Critical Journal; For March 1824;;; July 1824; To Be Continued Quarterly It would obviously be a matter of great convenience, both for practice and speculation, to have some plain and accessible standard of national prosperity, to which we might refer when we wanted to ascertain the comparative state of different countries, or of the same country at different periods; and accordingly, the discovery of such a standard has long been an object of research among Politicians and Political Economists. Their investigations, however, have not yet led to any very satisfactory result. On the contrary, almost all the standards suggested seem to us to be essentially defective; and to be calculated rather to deceive and perplex the judgment, than to afford the means of coming to any sound conclusion. It has been supposed by many, that the comparative density of the Population of different countries afforded the best test of their condition; and that those nations which had the greatest population must necessarily be the best governed, and the most prosperous and happy: But the examples of Ireland and the United States, and the principles unfolded in Mr Malthus´s work on Population, have shown the fallacy of this criterion; and have indeed at length effected a complete change in the public opinion on this subject. An excess of Exports over Imports was also long considered, by the most eminent practical statesmen and theorists, as at once a cause and a measure of increasing wealth; and, even to this day, we are annually congratulated on the circumstance of the balance between exports and imports being in our favour. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.


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