Scholarly Comments on Academic Economics

An Economic Dream

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Abstract

Reproduced here is an 1847 article, in translation, the last that Erik Gustaf Geijer published during his lifetime. A Swede, Geijer—pronounced “yay-yer”—writes: “What is the new order of things? With each day, its law evolves more clearly; its substance is already so apparent that one can thereof judge its nature and the spirit of progress. This substance is the day-by-day, constantly evolving, all-encompassing fellowship and interaction of human powers and needs. This new, but actually ancient law of labour is that of intelligence, which works in expanding circles.”