“One who desired knowledge of man apart from the fruits of knowledge would seek it in the history of religious enthusiasm, of martyrdom, or of love; he would not seek it in the market-place. When we elect to watch the play of human motives that are ordinary — that are sometimes mean and dismal and ignoble — our impulse is not the philosopher's impulse, knowledge for the sake of knowledge, but rather the physiologist's, knowledge for the healing that knowledge may help to bring.”

Source: The Economics of Welfare (1920), Ch. 1 : Welfare and Economic Welfare, § 1

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Arthur Cecil Pigou8

British economist 1877–1959

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Arthur Cecil Pigou8

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