The new-school economists revolt, and say they want “a more scientific method.” What they really want is a higher literary method.
Woodrow Wilson: “The new-school economists revolt, and say they want “a more scientific method.” What they really want is a higher…”
Editor's note · Context
Wilson highlights the desire of new economists for a more refined literary approach in their methodologies.
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We have been vigorously building up a great merchant marine and providing for improvement of marketing in foreign countries by the passage of an export trade law.
The imports of wheat have come mainly from Canada and Argentina and have not competed with the domestic crop.
The price of wheat is a world price; and it is a matter of little moment whether the Canadian wheat goes directly into the markets of the other countries of the world or indirectly through this country.
Very little reflection would lead any one to conclude that the measure would not furnish in any substantial degree the relief sought by the producers of most of the staple commodities which it covers.





