The master-economist must possess a rare combination of gifts. He must reach a high standard in several different directions and must combine talents not often found together. He must be mathematician, historian, statesman, philosopher - in some degree. He must understand symbols and speak in words. He must contemplate the particular in terms of the general, and touch abstract and concrete in the same flight of thought. He must study the present in the light ofthe past for the purposes of the future
A study of the history of opinion is a necessary preliminary to the emancipation of the mind.
The study of economics does not seem to require any specialised gifts of an unusually high order.
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