As to the large deductions about “concentration” made by certain economists, they are mere hypotheses--useful, of course, for stimulating research, but becoming quite noxious when they are represented as economical laws, when in reality they are not confirmed at all by the testimony of carefully observed facts.
Petr Alekseevich Kropotkin: “As to the large deductions about “concentration” made by certain economists, they are mere hypotheses--useful, of…”
Editor's note · Context
Kropotkin critiques the assumptions made by economists regarding industrial concentration, emphasizing the need for evidence-based conclusions.
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