Dismal Science: How Useful Is Economics And How Is Economics Useful?
Wednesday, August 13, 2014 - 10:15
in Mathematics & Economics
In the 1950s and '60s, economics in America really had a heyday. Tinkering is easy when the economy is good. By the 1970s, it was realized that economics truly was, as historian Thomas Carlyle labeled it in the 19th century, a "dismal science" - except leave off the science. read more