Political Quotes

Walter Bagehot: “But these nations have come out of the 'pre-economic stage' too soon; they have been put to learn while yet only too apt…”

On the record
But these nations have come out of the 'pre-economic stage' too soon; they have been put to learn while yet only too apt to unlearn.
Said by
Walter Bagehot

Editor's note · Context

Bagehot reflects on the challenges nations face when transitioning from traditional to modern economies.

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The lessons are good where its primitive assumptions hold, but may be false where those assumptions fail.

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