Economic Ideas - A Study Of Historical Perspectives

Business & Finance, Economics
Cover of the book Economic Ideas - A Study Of Historical Perspectives by Ferdinand Zweig, Read Books Ltd.
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Author: Ferdinand Zweig ISBN: 9781473391895
Publisher: Read Books Ltd. Publication: April 16, 2013
Imprint: Zweig Press Language: English
Author: Ferdinand Zweig
ISBN: 9781473391895
Publisher: Read Books Ltd.
Publication: April 16, 2013
Imprint: Zweig Press
Language: English

The history of economic thought, like all other history, needs to be rewritten for every generation—not only because another chapter which has enriched our experience needs to be added to its books, but because the remainder needs to be interpreted anew. Without interpretation history is meaningless. Interpretation means adding spirit and life to the mere collection of facts, taking part in the issues of the period by understanding them and not merely passing sentence on them from the judge’s seat.

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The history of economic thought, like all other history, needs to be rewritten for every generation—not only because another chapter which has enriched our experience needs to be added to its books, but because the remainder needs to be interpreted anew. Without interpretation history is meaningless. Interpretation means adding spirit and life to the mere collection of facts, taking part in the issues of the period by understanding them and not merely passing sentence on them from the judge’s seat.

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