Some Reflections on Professor Boeke's Theory of Dualistic Economies

Being aware of this the present writer can only try to minimize the risk by sticking close to Boeke's original wordings and not to try to condense the exposition too much, for the danger of condensing is that often a biased representation is abstracted. On the other hand, Dr.Boeke's "dualistic theory" is perhaps not free from inconsistencies. This opinion is shared by Prof.Higgins in his article (Higgins, p.105); these inconsistencies have perhaps contributed much to the socalled misinterpretations.