Excerpt from Disturbing Elements in the Study and Teaching of Political Economy
The following lectures were delivered in the Johns Hopkins University, Baltimore, April 25-29, 1910, to the Economic Seminary, at whose desire, by the courtesy of the University, they are now printed.
As the title suggests, they are discourses not on economic error in general, but on the more subtle fallacies which are apt to invade the reasoning of trained economists in spite of learning and discipline.
Such errors creep in from a popular political philosophy (Lecture I), from want of any political philosophy (II), from mistaken aversion to theory (III), from the shortcomings of common or technical language (IV), and from the wrong handling of distinctions of time (V).
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