Note 3 — Chapter I · INTRODUCTORY

For instance—to say nothing of the fact that all economic ends must be subjective—of the four ways indicated above in which Wellbeing may be conceived, the three first may be considered objective as compared with the subjective fourth, while the wellbeing of man generally—particularly the ideal good—may very well be called the only objective end in contrast to the accident of a technical result. But, as it is impossible to keep the economic vocabulary clear of the philosophical, we may be satisfied if these names are definite enough to keep before our minds the broad lines of the division indicated above.