ABSTRACT

MOST cultivated people still complain that political economy does not toll them anything they much wish to know, and that it does not assist the wise direction of their social sympathy. Most self-educating workmen frankly confess their disappointment in the text-books of economic science which are put into their hands. Both classes still complain that the science is lacking in “humanity.” Making all due allowance for that weak sentimentalism which chafes against the application of “hard logic” to human affairs, and the impatience which untrained minds exhibit at the reluctance of theorists to furnish ready answers to practical questions, there remains, I think, a solid foundation for the feelings of dissatisfaction.