Wicksteed on Humanizing Economic Laws

“The economic laws must not be sought & cannot be found on the properly economic field. It is on the vital field, then, that the laws of economics must be discovered & studied, & the data of economics interpreted. To recognize this will be to humanize economics.”

Philip Wicksteed. “The Common Sense of Political Economy, & Selected Papers & Reviews on Economic Theory. London,George Routledge & Sons, Ltd., 1933. Original edition: London, Macmillan & Company, Ltd., 1910.

(As quoted in the doctoral dissertation of Joseph Keckeissen: “THE MEANINGS OF ECONOMIC LAW”. Available in hard copy from Mises Library at Universidad Francisco Marroquin or as PDF)

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Content of "Natural Order" attempts to reflect the commitment of Universidad Francisco Marroquin to support the development of a society of free & responsible individuals. The principal commentator for this blog is Christopher Lingle.

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