Sunday, January 07, 2007

Dismal Science

Just to keep a record.
The Economist:

"ECONOMICS is “not a ‘gay science’,” wrote Thomas Carlyle in 1849. No, it is “a dreary, desolate, and indeed quite abject and distressing one; what we might call, by way of eminence, the dismal science.”"


Carlyle was arguing against the liberal idea that slaves should be free to sell their labour in the market like everyone else.

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