Full text: Economic essays

28 ECONOMIC ESSAYS IN HONOR OF JOHN BATES CLARK 
Y. E.: “Be not perturbed, Mr. Malthus; your main service is 
so great that the minor matters will not be remembered against 
you, even if not wholly in your favour. I said you might be 
measured by the results of your work; I add, with juvenile 
audacity, that a man’s greatness may also be measured by the 
mistakes he has lived down. Forgive both blame and praise. In 
the work of every economist, even in the great Adam and 
Ricardo, there is a part that is obsolete. The weight is too heavy 
to be lifted unless by two or three together. We youths, whether 
precocious or only studious, render willing obeisance to those 
who, like yourself, have lifted more than their share of the 
weight. You will be glad to hear from me that we have still such 
leaders as you, not only in the British Isles but Over the Seas.” 
Like Achilles in the Odyssey, the Shade retired to his meadow 
of asphodel with the long strides of a man not altogether dis- 
satisfied. 
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