Hence it is only possible either that the human economy is by its very nature unfitted to become the object of scientific abstraction and cognisance, or that the abstractions hitherto made have been erroneous--erroneous, that is, not in the sense of being actually out of harmony with phenomena from which they are correctly and logically deduced, but in the sense of being theoretically erroneous, deduced according to wrong principles, and therefore useless both in abstracto and in concreto Of these alternatives only the second can, in reality, be correct.— Freeland A Social Anticipation
Hence it is only possible either that the human economy is by its very nature unfitted to become the object of scientific abstraction and cognisance, or that the abstractions hitherto made have been erroneous -- erroneous, that is, not in the sense of being actually out of harmony with phenomena from which they are correctly and logically deduced, but in the sense of being theoretically erroneous, deduced according to wrong principles, and therefore useless both _in abstracto_ and _in concreto_.— Freeland A Social Anticipation
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