A Quote by Thomas Carlyle
Coining "Dismal Science" as a nickname for Political Economy
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persons, with big wigs many of them and austere aspect, whom I take to be Professors of the Dismal Science…
Coining “Dismal Science” as a nickname for Political Economy
Economics has been called the dismal science. Once you get to understand it, you may not find it so dismal, but you don't find it much of a science either.
Mr. Trump has tapped into the frustrations of many Americans who feel the effects of a dismal economy and believe the political system is rigged and owned by the establishment.
Social Science, is not a 'gay science' but rueful, which finds the secret of this universe in 'supply and demand' and reduces the duty of human governors to that of letting men alone. Not a 'gay science', no, a dreary, desolate, and indeed quite abject and distressing one; what we might call, the dismal science
Economics never was a dismal science. It should be a realistic science.
We propose in the following Treatise to give an outline of the Science which treats of the Nature, the Production, and the Distribution of Wealth. To that Science we give the name of Political Economy.
As I have been arguing for a long time now, there is a real need not simply for a political economy of wealth but also for a political economy of speed.
Economics is uncertain because its fundamental subject matter is not money but human action. That's why economics is not the dismal science, it's no science at all.
Political economy has only become a science since it has been confined to the results of inductive investigation.
Respectable Professors of the Dismal Science.
I come back to the science that is in it to reduce our dependence on foreign oil and climate change. It's about science, science, science and science, innovation, as we rebuild America, create jobs, invest in our people and turn this economy around.
Truly environmentalism has displaced economics as the dismal science.
Political Economy as a branch of science is extremely modern; but the subject with which its enquiries are conversant has in all ages necessarily constituted one of the chief practical interests of mankind.
Many writers upon the science of political economy have declared that it is the duty of a nation first to encourage the creation of wealth; and second, to direct and control its distribution. All such theories are delusive.
The parallel existence and mutual interaction of "state" and "market" in the modern world create "political economy"; without both state and market there could be no political economy.
I studied political science, and when I fell into acting in college - it was just a total fluke that I became an actor. I ended up changing my degree and went for a double major and missed political science by two classes.
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