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s with frugality; one who expends money, time, or labor, judiciously, and without waste. "Economists even to parsimony." Burke.

One who manages or directs with prudence and economy; a frugal person; an economist. [R.] God knows how little time is left me, and may I be a good husband, to improve the short remnant left me. Fuller.

Noninterference; -- an axiom of some political economists, deprecating interference of government by attempts to foster or regulate commerce, manufactures, etc., by bounty or by restriction; as, the doctrine of laissez faire; the laissez faire system government.

Of or pertaining to the political economist, the Rev. T. R. Malthus, or conforming to his views; as, Malthusian theories.

A person who conducts business or household affairs with economy and frugality; a good economist. A prince of great aspiring thoughts; in the main, a manager of his treasure. Sir W. Temple.

Designating, or pertaining to, a group of modern economists who hold to the Malthusianism doctrine that permanent betterment of the general standard of living is impossible without decrease of competition by limitation of the number of births. -- Ne`o- Mal*thu"sian, Ne`o-Mal*thu"sian*ism, n.

A tax levied upon land alone, irrespective of improvements, -- advocated by certain economists as the sole source of public revenue.

d Fourier . . . The word, however, is used with a great variety of meaning, . . . even by economists and learned critics. The general tendency is to regard as socialistic any interference undertaken by society on behalf of the poor, . . . radical social reform which disturbs the present system of private property . . .…

nally destined to be paid out in wages. It was formerly held, by Mill and other political economists, that the average rate of wages in any country at any time depended upon the relation of the wages fund to the number of laborers. This theory has been greatly modified by the discovery of other conditions affecting wag…