chapter  2
6 Pages

THE DIVISION OF THE SUBJECT MATTER

All problems that are presented in the theory of the simple economy are capable of ultimate solution. The task may be difficult, but the assumptions can always be so definitely formulated as to overcome all obstacles. Why should the theorist be forbidden to follow the same path that common sense leads the businessman to traverse daily? As there is no opposition of interests and no problem involving the justice of relationships, the most extreme individualists and socialists will be able to agree with our results without abandoning their points of view. Despite attendant difficulties, there is no doubt that in the near future the theory of the simple economy will be scientifically settled. It will lead the way for a doctrine destined to be common property of all future economic schools. This justifies severing this theory from the entire remaining content of economic doctrine. The latter will, at all times, be the subject of sharper dispute, as unavoidably it becomes involved in the conflict of interests.