The nature of ecnomic science in some recent disussion

Professor Souter's essay on relativistic and biological econom of Marshall, especia pralse efforts at improvement, It donsas against Professor Lionel Dics is a panegyric in raise fundamental questions of th Justify the author's pretenns presumptuous price mechanics are summarized and aeand method. The postulates of utilitnd conome c aynamics" and other aspecte ound and important within limite elasticity adjustment alcontention, that "a shie tone problem are considered tenable. The distinction be ong a curve for another acurve for one period is an mined and found un tained, as well as a series ofen economic and "exogenous" chan long-run viewpoints, Relatieite refully drawn distinctions het must be main the more Important contrast between nomics should include mechanical relativits and within. Social subject-matter is knoewing phenomena from without and from merely by external observation and ingn communicative participation, not theory is one "approach" among many: is a nartiel ase of hatural science. Price vital first step in the relevant diseussion of costel view and rather preliminary, but omic problems.