John Kells Ingram, 1911 Encyclopædia Britannica, Volume 16… (1911)
“ In this, after exposing the inanity of the theory of the wage-fund, and showing the utter want of agreement between its results and the observed phenomena, he concludes by declaring that “political economy must be content to take rank as an inductive, instead of a purely deductive science,” and that, by this change of character, “it will gain in utility, interest and real truth far more than a full compensation for the forfeiture of a fictitious title to mathematical exactness and certainty.” ”
