--- title: "Meaning & Key Takeaway of: It is not pretended that, at the present…" description: "\"It is not pretended that, at the present stage of its development, economic science is able to provide an organon even remotely approaching to what it ..." image: "https://sms4smile.com/quotes/i/1d4/arthur-cecil-pigou-72803_able_it-is-not-pretended-that-at-the-present_2589489.jpg" --- # It is not pretended that, at the present stage of its… ![“It is not pretended that, at the present stage of its development, economic science is able to provide an organon even remotely approaching to what it imagines for itself as its ideal.” quote by Arthur Cecil Pigou](https://sms4smile.com/quotes/i/1d4/arthur-cecil-pigou-72803_able_it-is-not-pretended-that-at-the-present_2589489.jpg) [Download](https://sms4smile.com/quotes/i/1d4/arthur-cecil-pigou-72803_able_it-is-not-pretended-that-at-the-present_2589489.jpg) [Open image](https://sms4smile.com/quotes/i/1d4/arthur-cecil-pigou-72803_able_it-is-not-pretended-that-at-the-present_2589489.jpg) > “It is not pretended that, at the present stage of its development, economic science is able to provide an organon even remotely approaching to what it imagines for itself as its ideal.” Arthur Cecil Pigou ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Economic theory currently lacks a comprehensive framework that fully matches its idealized vision. **In simple terms:** Economic science is incomplete. Key Takeaway Recognize limits and seek better models. Themes economics theory limitations idealism Mood critical analytical Type theoretical academic When to use this quote - policy design - academic research - educational curricula - public discourse Key Concepts methodology normative analysis systemic gaps Questions to Reflect On - What assumptions limit current economic models? - How can we bridge theory and practice? A Different Perspective Current models may oversimplify complex realities. ★ ★ ★ ★ ★ No ratings yet [Ideals](https://sms4smile.com/quotes/about/ideals/) [Science](https://sms4smile.com/quotes/about/science/) [Stage](https://sms4smile.com/quotes/about/stage/) ## Related quotes > [Either this is logical and true, or else the principles on which economic science is based are invalid.](https://sms4smile.com/quotes/gustave-de-molinari/either-this-is-logical-and-true-or-else-the-principles-on-which/) [Gustave de Molinari](https://sms4smile.com/quotes/author/gustave-de-molinari/) > [“The social function of economic science consists precisely in developing sound economic theories and in exploding the fallacies of vicious reasoning. 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