The Desire to Simplify

"In political economy, the desire to simplify has occasioned an unwillingness to acknowledge the operation of more causes than one in the production of particular effects; and if one cause would account for a considerable portion of a certain class of phenomena, the whole has been ascribed to it without sufficient attention to the facts..." -- Principles of Political Economy, p. 5

Amen, Reverend Malthus!

Comments

  1. Has he been reading the comments at FreeAdvice?

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