^{page 152 note 1} Op. cit., Edn. 1, pp. 75–6. Not altered in substance on p. 83, Edn. 2, though the actual wording is changed.

^{page 152 note 2} Op. cit., Edn. 2, p. 16.

^{page 152 note 3} P. 94, Edn. 1 (cf. pp. 75–83 and 95, Edn. 2, where the doctrine is not altered).

^{page 153 note 1} P. 118, Edn. 2.

^{page 153 note 2} P. 117, Edn. 2.

^{page 153 note 3} Pp. 121–5, Edn. 2.

^{page 153 note 4} This view of the nature of economic science is of course not peculiar to him. Professor Pigou's, Economics of Stationary States is confessedly the analysis of the implications of an hypothesis—an hypothesis of a state admitted never to exist (p. 264).Google Scholar

^{page 156 note 1} P. 152, Edn. 2.

^{page 157 note 1} The case is not altered if it is maintained that economic “laws” are really expressions of tendencies: “bad money tends to drive out good.” For the assertion of the tendency can be justified only by appeal to either a statistical generalization of past experiences, or a necessary law which produces it because it underlies it.

^{page 158 note 1} See, e.g., Robbins, , op. cit., Edn. 2, p. 125.Google Scholar

^{page 160 note 1} For an instance of this, see p. 147 above.

^{page 161 note 1} P. 106, Edn. 2.