Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: of subordinate classes, associations, and individuals should be respected in all matters as far as possible; and where the common or general safety or advantage requires that private rights should be interfered with or sacrificed, this should be permitted only on production of good and sufficient cause and evidence
...before equitably constituted tribunalsr that such interference or sacrifice is necessary (except in great emergencies demanding instant action), and ample compensation should be awarded to those whose private rights thus suffered for the general advantage. " The rights of each" would thus be " bounded by the equal rights of all." The ultimate practical object of Political Economy in connection with its kindred sciences may then be summed up thus:? It seeks to secure the largest amount of the material, personal, and more refining or elevating benefits and enjoyments of life to each and all in a given community at the smallest possible cost of personal labour, self-sacrifice, discomfort, aud of material wealth, though the proportional share of such advantages that each individual may obtain must largely depend on his or her own conduct, ability, faculties, and other internal or external circumstances or influences affected by the observance or neglect of the moral and physical laws imposed by the Creator on man and his environment. That Political Economy is in close relation with these kindred sciences is undeniable, and the true economist, far from disputing their mutual influence and interdependence, maintains that they should act harmoniously along their entire lines of coincidence. The golden maxim, " Do unto others as you would they should do unto you" affects the problems of Political Economy as it does those of other departments of Sociology. § 4.?Method o... --This text refers to the Paperback edition.
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