Excerpt from Write Your Own Political Ecomy: Exercises for Colleges, High Schools, and Independent Students Many evil consequences ow from the lack of recog nition of the difference in the reasoning necessary in public and in private business: for example, thing is more common than the claim that ecomists are theorists, and that their conclusions do t corres pond with the facts. This claim may be refuted in various ways. In the first place, it is extremely ab surd to suppose that if a man devotes his whole life to investigation along ecomic lines, the necessary consequence is that he kws less than a man who has paid 119 especial attention to ecomic thought. In the second place, the objection is founded upon a total misapprehension as to what the consequences inferred by ecomists are. The person who makes the objection is t yet ready to understand an ecomic conclusion, and therefore puts into the mouths of ecomists what does t belong there. And, in the third place, the claim that ecomists do t pay attention to the facts can be met by a com plete tu quoquc - it is the haphazard thinker that does t pay attention to the facts. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art techlogy to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.