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Principles of Political Economy, Vol. 2

Note A2-3-2 — Chapter III

John J. (John Joseph) Lalor translation

Compare § 254. Here belong Forbonnais, Necker, Tucker (Important Questions, IV, 11; V, 5; VII, 4; VIII, 5. Four Tracts, 1774, I, p. 36); Justi in his middle period (Roscher, Gesch. der N. O. in Deutschland, I, 451 ff.); but especially Sonnenfels (politische Abhandlungen, 1777, Nr. 1), who sees the best sign of a favorable balance in the increase of population. (Grundsätze, II, 333.) When Austria, for 2,500,000, purchases diamonds of Portugal, and sells Portugal linen to the amount of 2,000,000, it has the numerical balance against it, but obtains the "balance of advantage." (II, 329 seq.) With an admixture of physiocratism, this doctrine appears in Cantillon, Nature du Commerce, 1755, p. 298 ff.; with an admixture of free trade, in Büsch, Geldumlanf, V, 12.

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