Excerpt from The Development of Economics 1750-1900
The historical standpoint therefore is natural enough. It must always puzzle the student of science that the relativity in time and space of all human values was so late in being built into a comprehensive theorem. Where change is so universal and persistent, how could men fail to grasp the principle while noting the facts? The Orientals and the Greeks of course had known both in'a general way, but a definite formulation with conclusions to guide us in our quest for truth did not come until very recently.
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