Political economy

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Monograph

Identifikator:: 867647221

URN:: urn:nbn:de:zbw-retromon-93157

Document type:: Monograph

Author:: Chapman, Sydney John http://d-nb.info/gnd/123743141

Title:: Political economy

Place of publication:: London [u.a.]

Publisher:: Williams & Norgate [u.a.]

Year of publication:: 1912

Scope:: 1 Online-Ressource (255 Seiten)

Collection:: Economics Books

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INTRODUCTORY 27 strained, intolerably efficient spectre called the economic man,” “ the standard popinjay of science,” who had, he imagined, “ been so little injured by the criticism of half a century,” he was addressing an audience in bulk as spectral as the spectre that he abjured. There is another difficulty of which much has occasionally been made, namely, that we are dealing not merely with living creatures but with living creatures who seemingly direct their own lives. The fact that human beings have volition—“ free will,” broadly under stood—is supposed to militate against any attempt to frame laws relating to their actions. They could always choose, if they liked, to break the supposed laws. A complete exam ination of this difficulty would carry us too deeply into psychology, but it may be remarked here (1) that much human experi ence, at any rate, is not a matter of choice— for instance, that connected with our bodily needs—and (2) that reason governs us and that as reasonable we act in a uniform way. Side by side with this defence of deduction from the results of minute analysis, something must be said of the method which has some times been opposed to it, namely, induction from historical facts or every-day happenings. Of the fecundity of this induction, that is,

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