My notion of a fruitful economic science would be that it can help us explain and understand the course of actual economic history. A scholar who seriously addresses commentary on contemporary monthly and yearly events is, in this view, practicing the study of history-history in its most contemporary time phasing. (Paul Samuelson)

My notion of a fruitful economic science would be that it can help us explain and understand the course of actual economic history. A scholar who seriously addresses commentary on contemporary monthly and yearly events is, in this view, practicing the study of history-history in its most contemporary time phasing.

Paul Samuelson

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commentary contemporary course help history monthly science study time view yearly

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