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How Economics Really Got The Nickname "The Dismal Science"
"The story goes like this: Thomas Carlyle, a Scottish writer and philosopher, called economics 'the dismal science' in reference to Thomas Malthus, that lugubrious economist who claimed humanity was trapped in a world where population growth would always strain natural resources and bring widespread misery." Turns out that what Carlyle was saying was far more dismal (not to mention abhorrent).
The Atlantic 12.17.13
Posted December 18, 2013 12:54 AM
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