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" engine of analysis . . . machinery of universal application in the discovery of a certain class of truths . . . not a body of concrete truth, but an engine for the discovery of concrete truth. "
The Economic Journal: The Quarterly Journal of the Royal Economic Society - Сторінка 292
1924
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The Unitarian Review and Religious Magazine, Том 24

Charles Lowe, Henry Wilder Foote, John Hopkins Morison, Henry H. Barber, James De Normandie - 1885
...overrated through lack of consideration of the extreme mutability of its subject-matter. Economic theory "is not a body of concrete truth, but an engine for the discovery of concrete truth, similar to, say, the theory of mechanics." Prof. Simon Newcomb, in his Principles of Political Economy,...
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The present position of economics, an inaugural lecture

Alfred Marshall - 1885
...theory, which is the only part of economic doctrine that has any claim to universality has no dogmas. It is not a body of concrete truth, but an engine for the discovery of concrete truth ; similar to, say, the theory of mechanics. That theory contains no statement of fact as to the greatest...
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The Economic journal, Том 34

1924
...to the central scheme of economic reasoning, I do not assign any universality to economic dogmas. It is not a body of concrete truth, but an engine for the discovery of concrete truth." 2 1 The Present Position of Economics, 1885. Holding these views and living at a time of reaction against...
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The Rules of the Game: The Logical Structure of Economic Theories

J. J. Klant, Klant - 1984 - 204 стор.
...correct conclusions.' This is how he must have learned it from Marshall, who called economic theory, 'not a body of concrete truth, but an engine for the discovery of concrete truth' (1966, 159). Marshall mainly announced his methodological ideas in his inaugural address, The Present...
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Between Two Cultures: An Introduction to Economic History

Carlo M. Cipolla - 1992 - 198 стор.
...the mind, a technique of thinking' (1973 edn, XIV, ii, p. 296). Alfred Marshall remarked, 'Economics is not a body of concrete truth but an engine for the discovery of concrete truth' (1885, p. 25); and TS Ashton added that economics 'has ceased to be a set of conclusions and has become...
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Alfred Marshall: Critical Assessments

John Cunningham Wood - 2004 - 372 стор.
...It is necessary if empirical phenomena are to be understood, but alone it is not sufficient, for "It is not a body of concrete truth, but an engine for the discovery of concrete truth . . . "40 Yet when the nature of this pure theory is juxtaposed to the nature of the empirical reality...
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Alfred Marshall: Critical Assessments

John Cunningham Wood - 1993 - 372 стор.
...to the central scheme of economic reasoning, I do not assign any universality to economic dogmas. It is not a body of concrete truth, but an engine for the discovery of concrete truth.75 Holding these views and living at a time of reaction against economists when the faults of...
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Economists and the Economy: The Evolution of Economic Ideas

Roger Backhouse - 1994 - 260 стор.
...economic theory: that part of economic doctrine, which alone can claim universality, has no dogmas It is not a body of concrete truth, but an engine for the discovery of concrete truth, similar to, say, the theory of mechanics. He used an example from engineering to illustrate the dangers...
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New Directions in Economic Methodology

Roger Backhouse - 1994 - 394 стор.
...empirical testing in economics is, surely, inconsistent. I endorse the Marshallian dictum that economics is 'not a body of concrete truth, but an engine for the discovery of concrete truth', but if economics is to be practically relevant, there must be some concrete truths in which we can...
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Alfred Marshall: Critical Assessments. Second series. ...

John Cunningham Wood - 1996
...of analysis ,,, machinery of universal application in the discovery of a certain class of truths,,, not a body of concrete truth, but an engine for the discovery of concrete truth," 5 The discovery that there is such a thing as a general method of economic analysis or, to put it differently,...
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