I am old enough to remember well the depression years of the middle 1930s, when economists were quite unable to agree on what public policy should be, and when President Hoover, in need of advice, turned by preference to sociologists to study and illuminate recent social trends. The circumstances of the 1980s seem similar; perhaps contemporary confusions and dismay will mark the dethronement of economics from its privileged place among the social sciences - but perhaps not. (William H. McNeill)

I am old enough to remember well the depression years of the middle 1930s, when economists were quite unable to agree on what public policy should be, and when President Hoover, in need of advice, turned by preference to sociologists to study and illuminate recent social trends. The circumstances of the 1980s seem similar; perhaps contemporary confusions and dismay will mark the dethronement of economics from its privileged place among the social sciences - but perhaps not.

William H. McNeill

Related topics

advice contemporary depression dethronement dismay economics enough illuminate mark middle need perhaps place policy preference president public quite recent should similar social study well circumstances 1930s 1980s years hoover sciences

Related quotes