Gunjan Singh

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In fact, without going into any further details, it can be said that economics, as currently constituted, fully applies only to manufactures (category 3), but it is being applied without discrimination to all goods and services, because an appreciation of the essential, qualitative differences between the four categories is entirely lacking. These differences may be called meta-economic, inasmuch as they have to be recognised before economic analysis begins.
Small Is Beautiful: A Study of Economics as if People Mattered (Vintage classics)
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