Share this sentence
— Mark Blaug"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."
Related information
Discover more quotes
Previous Quote
Scholars today are under increasing pressure to publish. Consequences of this pressure are incentives to deviate from the truth
— Bruno Frey
Next Quote
The consequences for human welfare involved in questions about human capital spillovers are simply staggering. Once one starts to think about them, it's hard to think of anything else
— Robert Lucas, Jr.
Loading recommended content...