the dismal science

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the dismal science

A disparaging term for the discipline of economics, coined in 1849 by Scottish historian Thomas Carlyle as a label for the school of economists who supported the abolition of slavery. Economists have predicted that the exponential population growth will eventually cause our entire society to collapse in on itself—I suppose that is why they are known as practitioners of the dismal science.
See also: science
References in periodicals archive ?
Economics is often called the dismal science, and for the last half-decade it has come by its reputation honestly in the advanced economies.
The axial principle of that world is a dismal science called economics which requires that yodelling politicians of yesterday provide answers to society's key question of limited means against unlimited needs," Manheru opined.
Part of what makes economics a dismal science is that lunches are never free.
Nothing in economics is infinite but the closest you will get to that as a concept in the dismal science is employment.
Motivated by his own ignorance, Michael Goodwin decided to find out more about "the dismal science.
Economics have been described as the dismal science, and it has reached the stage of being grim because of the plight we are in.
The students of the dismal science polled by the National Association for Business Economics forecast U.
Over the last couple of decades, a fair number of physicists have attempted to apply their methods to the dismal science.
Musgrave takes on Naked Economics: Undressing the Dismal Science by Charles Wheelan.
Charles Wheelan (2003), author of Naked Economics: Undressing the Dismal Science, writes, "The sad irony of Econ 101 is that students too often suffer through dull, esoteric lectures while economics is going on all around them.
Most are also surprisingly readable considering that if economics is a dismal science, 'political economy' has the potential to be even more so.
Encouraged by Ayn Rand pabulum and the nostrums of the dismal science, the market is now the primary prism through which we understand our world.
It may even have been fine during the Victorian age, when the historian Thomas Carlyle could still refer to economics as "the dismal science.
BEHAVIORAL ECONOMICS IS THE HOTTEST thing in the dismal science.
His steady-state economics is a subdiscipline that adds another "eco," as in ecology, to the issues that should most concern practitioners of the dismal science.