I must begin with a good body of facts and not from a principle (in which I always suspect some fallacy) and then as much deduction as you please.
The grand aim of all science is to cover the greatest number of empirical facts by logical deduction from the smallest number of hypotheses or axioms.
It is not a correct deduction from the Principles of Economics that enlightened self-interest always operates in the public interest Experience does not show that individuals when they make up a social unit are always less clear-sighted than when they act separately.
Webster's New World Dictionary of Quotations Copyright © 2010 by Chambers Harrap Publishers Ltd. All rights reserved. Published by Wiley, Hoboken, NJ. Used by arrangement with John Wiley & Sons, Inc.
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