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econmics, is a science which is forced to recognise a tempo-space duality. the study of political economy and of economic history constitue two distinguishable disciplines belonging to one and the same science. although it may not be fully realized, the distinction is required by an inner necessity of the subject. it is a necessity entirely analogous to that of a sailing ship and the river. it is one thing to design and build the ship in such a way that it can sail in the river safely and swiftly, and another as for how the ship actually sails due to the depth of water and speed of flowing in different parts of the river. that is to say, it is one thing to study the structure of the economy, which is the focus point of today's mainstream economics, and another to examine the natural basis on which the economy run, which is well out of the scope of today's economy. it is sometimes difficult for most of us to realize the distinction. because the whole world that is accessible to our perception is only the ship and we can only figure out what the river is like by deduction. the fact is,no matter how well informed we are of how the ship is built, the way the ship is to sail still depend largely on the river, we are all at mercy of the lord.
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