I once heard him discuss the subject of economics in the following manner.
"Tell me, Critobulus, is economics the name of a branch of knowledge, like medicine, smithing and carpentry?"
"I think so," replied Critobulus.
"Well, I suppose that the business of a good economist is to manage his own estate well."
"And you, I think, agree with me to this extent, that wealth is that from which a man can derive profit....."
Last update Tuesday, August 24, 2004
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