An Inquiry Into the Various Systems of Political Economy: Their Advantages And Disadvantages: And the Theory Most Favourable to the Increase of National Wealth

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Quesnay derives capitals from "economy in Cl the costs of agricultural labour, from the savings " in the expences of the land-owners, as far as those " savings are applied to improve the soil, and from " the increased price of commodities through foreign " trade." But these means being analysed and reduced to their just value, contribute simply to form capitals by economy in consumption.
The saving in the costs of agricultural labour is no- wise different from economy in consumption. The expenc
...es of agricultural labour, like those of all other labours, consist in consumption. Consequently, the saving of agricultural expences is an actual economy in consumption, an economy no-wise distinct from that of the expellees of the land-owners, which Dr.
Quesnay considers as forming capitals, when they are, applied to improve the soil.* The increased price of agricultural produce through * The greatest part of the expences of land-owners are, at least, unproductive expences. Those only can be excepted which they in- cur to maintain and improve their estates, and to augment the culti- vation of their lands.


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