62 Iowa. 102, 17 N. W. 191.—Political economy. The science which describes the methods and laws of the production, distribution, and consumption of wealth, and treats of economic and industrial conditions and laws, and the rules and principles of rent, wages, capital, fabor, exchanges, money, population, etc. The science which determines what laws men ought to adopt in order that they may, with the least possible exertion, procure the greatest abundance of things useful for the satisfaction of their wants, may distribute them justly, and consume them rationally. De Laveleye, Pol. Econ. The actence which treats of the administration of the revenues of a nation, or the management and