----------------- HES POSTING ----------------- Just a few further footnotes to Bruce Caldwell's reply on the source of the Hayek quotation. 1)I think it of interest to note that the Hayek volume cited indicates that "The Dilemma of Specialization" in which the quote appears was originally a lecture delivered at the celebration of the 25th anniversary of the opening of the Social Sciences Research building of the University of Chicago. It also may be of interest to some to note that this piece concludes on p.132 with a tribute to John Nef and to "some such institution as our chairman [i.e., Nef] has so devotedly and judiciously striven to provide with his pathbreaking conception of the Committee on Social Thought." The thought occurs to me that perhaps Hayek was suggesting that the "economist who is only an economist [and] is likely to become a nuisance if not a positive danger" tended to be located on the 4th floor of the Social Sciences building, i.e. in the Economics department in which Hayek could not get an appointment, in distinction from those such as Hayek and Nef whose appointments were in the Committee on Social Thought (located on the 5th Floor in my days at Chicago in the 1970s). But this is admittedly conjecture on my part. 2)I recall when I was auditing Milton Friedman's Price Theory course at Chicago in the early 1970's that he also made a statement in class to the effect that "he [sic] cannot be a good economist who is only an economist" and that Friedman attributed the statement to Alfred Marshall. I think I recall coming across a statement to this effect some years later in Marshall's writings, but I can't recall just where. David Mitch ------------ FOOTER TO HES POSTING ------------ For information, send the message "info HES" to [log in to unmask]