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The Place of Science in Modern Civilisation, and Other Essays

Note 4 — THE PRECONCEPTIONS OF ECONOMIC SCIENCE[1]

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The discrepancy between the actual, causally determined situation and the divinely intended consummation is the metaphysical ground of all that inculcation of morality and enlightened policy that makes up so large a part of Adam Smith's work. The like, of course, holds true for all moralists and reformers who proceed on the assumption of a providential order.

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