“The business of a Political Economist is neither to recommend nor to dissuade, but to state general principles, which it is fatal to neglect, but neither advisable, nor perhaps practicable, to use as the sole, or even the principal, guides in the actual conduct of affairs.” StatesUsePoliticalPrinciplesAffairGuidesNeglectSolePrincipalEconomistAdvisable Book:Political Economy Source: Political Economy
“The state, by relieving idleness, improvidence, or misconduct from punishment, and depriving abstinence and foresight of the reward, which have been provided for them by nature, may indeed destroy wealth, but most certainly will aggravate poverty.” MayHas BeensStatesWealthPovertyRewardsPunishmentIdlenessForesightAbstinenceDeprivingMisconduct Author:Nassau William Senior
“But that the reasoning from these facts, the drawing from them correct conclusions, is a matter of great difficulty, may be inferred from the imperfect state in which the Science is now found after it has been so long and so intensely studied.” MayLongHas BeensMatterStatesFactsScienceFoundDifficultyDrawingConclusionReasoningImperfectDrawing Conclusions Book:Political Economy Source: Political Economy
