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Abstract

Thomas Carlyle’s references to the “dismal science” in the first of his Latter-Day Pamphlets [1850, pp.38, 39] are not to economics but to political economy.

Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.

[Lionel Robbins The Nature and Significance of Economic Science (1932) p.16]

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© 2013 Robert Anthony Rayman

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Rayman, R.A. (2013). Modern Science or Mediaeval Religion?. In: A Multi-Gear Strategy for Economic Recovery. Palgrave Macmillan, London. https://doi.org/10.1057/9781137304520_21

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