Studies in Economics (Classic Reprint)

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Excerpt from Studies in EconomicsThat the theory of Value is the beginning of economic science, and compelled me to revise all my conclusions in the searching light of that theory. Whether a practical experience is altogether helpful to clear thinking or not, may be doubtful, but it has at all events prevented me from looking for the exactly calculable movements of natural law in a many-motived society, where industrial pursuits are often ends as well as means. And whether the Austrian School, as a whole, is too deductive in its tendencies or not, no training can be too abstract for one who is, naturally and by education, too apt to lose himself in the fallacy of the particular instance.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.