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Date: | Fri Mar 31 17:18:31 2006 |
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----------------- HES POSTING -----------------
A _locus classicus_ for a quote about `economics and engineers' is Pigou's
admonition
``While it is natural and right in the present deplorable state of the
world's affairs that many economists should seek to play a part in guiding
conduct, that is not their primary business. They are ... engineers, not
engine drivers.'' (Theory of Unemployment, 1933, p.v, preface).
In a recent book (Gerhard Michael Ambrosi: Keynes, Pigou, and Cambridge
Keynesians (Palgrave Macmillan: Houndmills, Basingstoke etc.) 2003,
pp.30-31), I argue that this passage is a derogation of Keynes and his
_Essays in Persuasion_, re-published in 1930 - and, of course also of
Keynes' intensive advisory committee work around that time.
Michael Ambrosi
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