The Quarterly of the Texas State Historical Association, Volume 1, July 1897 - April, 1898 Page: 165
334 p. : ill., ports., maps ; 23 cm.View a full description of this periodical.
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Thoughts on Economic History.
general unanimity accepted it as the basis of the science of political
economy. Its diffusion after that was much more rapid, and its
doctrines soon became a part of an ordinary liberal education.
They became at the same time a part of the convictions of the lead-
ing men among the ruling classes of England, and were soon made
operative in the laws which affected the economic affairs of the
nation.
The doctrines of political economy, however, are slow in reaching
the minds of the people at large. The reasons are obvious. From
the nature of the case the system is a very complex one, requiring
long and earnest study to fully comprehend it and absorb its real
spirit. It has always been known as the dreary science, and its
special votary bears the name of Dr. Dryasdust. To the popular
mind it is usually without the sympathetic attractions of the novel
and drama and the sensuous or aesthetic attraction of art. More-
over, it is a field of thought adapted to mature minds and well
disciplined faculties, and not to youthful ones unless they are pre-
cocious. By the time the mind and its experiences have reached
sufficient maturity habitual and hereditary ideas have become set-
tled and are hard to modify or displace. But the importance of
sound economic ideas is rapidly becoming so great, and the inter-
ests which depend upon them are become so momentous, that the
public welfare and the public safety demand that no effort be
spared to make them a part of the intellectual equipment of the
people at large.165
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Texas State Historical Association. The Quarterly of the Texas State Historical Association, Volume 1, July 1897 - April, 1898, periodical, 1897/1898; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth101009/m1/186/: accessed April 26, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Texas State Historical Association.