The Dismal Science and How You Can Fix That
Feb11

The Dismal Science and How You Can Fix That

Thomas Carlyle looked askance at the increasing application of scientific thinking to economic questions, and traditional wisdom has it that he labeled economics the “Dismal Science” in reference to Malthus and his propensity for doom and gloom.  Perhaps not so, because the first use of “Dismal Science” appeared in an 1849 article by Carlyle in which he tackled the West Indies’ planters’ complaint...

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