human
of the Manchester school, with its sterile study of
gpt
of prices and exchange, of wealth and labor. Like the Chicago Vice Commission, nineteenth-century economists (many of whom still survive into our own day) considered sex merely as something to be legislated out of existence. They had the right idea that wealth consisted solely of material things used to promote the welfare of certain human beings. Their idea of capital was somewhat confused. They apparently decided that capital was merely that part of capital used to produce profit. Prices, exchanges, commercial statistics, and financial operations comprised the subject matter of these older economists. It would have been considered
human
to take into account the human factors involved. They might study the wear-and-tear and depreciation of machinery: but the depreciation or destruction of the human race did not concern them. Under