Japanese Notions of European Political Economy Being a Summary of a Voluminous
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Vi. ). ^NLodifi cation or improvement, he probably means. " Transition, " suggestive of a greater or complete change, as from infirmity to death, is, I think, the unintended expression of a truth. "Meantime our best texts, with all that is true, profound and well said in them, blend not afeio propositions that what may be called the general judgment of progressive economists 36 MAKATO'S SUMMARY. pronounces inadequate, misleading, or erroneous. Such are especially numerous in regard to the natur...e of wealth, the scope of economics, and in the weighty rubrics of Value, Money, Intei-est, Wages and Profits''' (all italic type mine) (vi. ). That is, they ("our best texts ") are at sea not only upon the very foundation principles of political economy, but even as to its scope ! " Economics is that branch of learning conversant about general wealth. " Might not statistics or " finance " also be " conversant about general wealth?" Besides, as " our best texts " disagree as to the nature of wealth, economics is con- versant about something not yet defined.
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