"We propose in the following Treatise to give an outline of the Science which treats of the Nature, the Production, and the Distribution of Wealth. To that Science we give the name of Political Economy"

Nassau William Senior's quote is an introduction to the field of Political Economy. He proposes to provide an overview of the science which studies the nature, production, and distribution of wealth. This quote suggests that Political Economy is a field of study that is concerned with understanding the economic system and how it works. It is a science that looks at the production, circulation, and intake of items and services, and how these activities are impacted by the environment, government policies, and other factors. Political Economy is a complex discipline that takes a look at the economic system from a variety of perspectives, consisting of financial theory, history, and sociology. It is a field of study that is important for understanding the financial system and how it works.