My apologies if this is a repeat--I am not sure if this got around in my  
first attempt.   
 
 
Dr S M Ghazanfar 
College of Business and Economics 
University of Idaho 
Tel: (208) 885 7144 Fax: (208) 885 8939 
 
---------- Forwarded message ---------- 
Date: Wed, 28 Jun 1995 14:34:09 -0700 (PDT) 
From: S.M. Ghazanfar <[log in to unmask]> To: [log in to unmask] 
Cc: [log in to unmask] 
Subject: Re: definition of economics 
 
Perhaps not so much of a definition--but some observations from  
well-known names about economics: 
 
Marshall:  "I do not assign any universality to economic dogmas.  It is  
not a body of concrete truth" 
 
John Maurice Clark:  "An economist is a man with an irrational passion  
for dispassionate rationality" 
 
G.L.S. Shackle:  "In natural sciences, what is thought is built upon  
what is seen; but in economics, what is seen is built upon what is thought" 
 
Karl Polanyi: "Though human society is naturally conditioned by economic  
factors, the motives of human individuals are only exceptionally  
determined by the needs of material want-satisfaction." 
 
 
 
 
Dr S M Ghazanfar 
College of Business and Economics 
University of Idaho 
Tel: (208) 885 7144 Fax: (208) 885 8939