Top Quotes & Sayings by Mark Blaug

Explore popular quotes and sayings by a British economist Mark Blaug.
Last updated on November 8, 2024.
Mark Blaug

Mark Blaug FBA was a Dutch-born British economist, who covered a broad range of topics during his long career.

Modern economics is sick. Economics has increasingly become an intellectual game played for its own sake and not for its practical consequences for understanding the economic world. Economists have converted the subject into a sort of social mathematics in which analytical rigour is everything and practical relevance is nothing.
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