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A history of economic doctrines

Note 817 — Chapter I · : THE HISTORICAL SCHOOL AND THE CONFLICT OF METHODS

R. (Robert) Richards translation

Schmoller thinks that the science in the present stage of development, while it cannot be prevented from attempting a philosophy of history, is much better employed in building up simple scientific hypotheses with a view to gauging the future course of development than in getting hold of “absolute truths.”

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