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The Present State of Economic Science

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Author Info
Glenn E. Hoover
Abstract

In this essay reprinted from Social Forces 1926, Glenn E. Hoover laments the state of economic science. He suggests that because important political-economy decisions do not naturally fall to individuals with better knowledge and stronger motivation to make the decisions right, but rather are the province of citizens, opinion makers, and politicos at large, we cannot expect economic understanding and economic policy to remain on a steady path of progress, or even too maintain itself, unless due attention is given to the perennial threat of popular degradation.

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File URL: http://www.econjournalwatch.org/pdf/HooverCharacterIssuesSeptember2008.pdf
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Publisher Info
Article provided by Atlas Economic Research Foundation in its journal Econ Journal Watch.

Volume (Year): 5 (2008)
Issue (Month): 3 (September)
Pages: 352-357
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Handle: RePEc:ejw:volone:2008352-357

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Web page: http://www.econjournalwatch.org/main/index.php

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Related research
Keywords: economics; economic science;

Find related papers by JEL classification:
A10 - General Economics and Teaching - - General Economics - - - General
A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values

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This page was last updated on 2009-11-20.

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