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"And Jehovah God created the man in his image; in the image of God
created he him; a male and a female created he them. And God blessed
them; and God said to them, Be fruitful, and multiply, and fill the
earth, and subdue it, and rule over the fish of the sea, and over the
fowl of the heavens, and over every living thing that moves on the
earth. And God said, Behold, I have given to you every herb scattering
seed, which is on the face of all the earth, and every tree, in
which is the fruit of a tree scattering seed, to you it shall be
given."
Like the daily cooperation of living men, this cooperation of past,
present and future is essential to the well-being of mankind, and yet
it is undesigned and unorganized. As private individuals, men do,
indeed, deliberately provide for their own future, and for that of
their kith and kin: as the directors of businesses, they try to
forecast the trend of demand. But such conscious calculations and
deliberate acts would avail little if they stood alone.
Monday afternoon the storm which had been beating up against the
southeasterly wind nearly all day thickened, fold upon fold, in the
northwest. The gale increased, and blackened the harbor and whitened the
open sea beyond, where sail after sail appeared round the reef of
Whaleback Light, and ran in a wild scamper for the safe anchorages
within.
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The Theory of Economics does not furnish a body of settled conclusions
immediately applicable to policy. It is a method rather than a
doctrine, an apparatus of the mind, a technique of thinking, which
helps its possessor to draw correct conclusions. It is not difficult
in the sense in which mathematical and scientific techniques are
difficult; but the fact that its modes of expression are much less
precise than these, renders decidedly difficult the task of conveying
it correctly to the minds of learners.
To be sure, virtues not on a given list may be found in, or read into,
some of the writings of the man who presents it. It would be absurd to
maintain that the mediaeval churchman had no regard for justice, courage
and veracity, as he would define them, or that Plato and Aristotle were
wholly deaf to the claims of benevolence.
The people who claim tall claims, do not deliver.
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