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Quote by Thomas Carlyle

“Coining "Dismal Science" as a nickname for Political Economy”

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Thomas Carlyle, born on December 4, 1795, and died on February 5, 1881, was a prominent Scottish philosopher, historian, and writer. His works are known for their profound social criticism and unique literary style, which had a significant impact on 19th-century British literature and thought. more

“As the work progresses the careful reader will insert mental interrogation points here and there. He will find that his interest increases as the interrogation points become more frequent, and that it culminates where they are changed to marks of positive dissent. I venture to record the opinion that the value of the work reaches a maximum in a passage that is demonstrably incorrect.”

Values Interest Opinion Records Progress Changed Reader Economics Increase Mark Careful Passages Venture Maximum Here And There Dissent Insert Interrogation

Author:John Bates Clark

“It takes resolution to go forth from the ease and beautiful simplicity of a well-formed hypothesis and struggle with amorphous facts.”

Wells Facts Beautiful Struggle Economics Simplicity Ease Resolution Hypothesis

Author:John Maurice Clark

“We must first note that economic factors are taken into account in a world in which ignorance, prejudice, and mental confusion, encouraged rather than dispelled by the political organization, exert a strong influence on policy making.”

World Firsts Political Strong Taken Influence Economic Policy Ignorance Economics Organization Accounts Prejudice Notes Confusion Factors Policy Making

Author:Ronald Coase

Quote by Thomas Carlyle

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