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Quotation of the Day…
Posted By Don Boudreaux On February 9, 2012 @ 7:04 am In Economics,History,Scientism | Comments Disabled
… is from page 7 of the late economic-historian Jonathan R. T. Hughes’s classic 1977 book The Government Habit  (this link is to the 1991 revised edition). Although written 35 years ago, Hughes’s observation remains as true – and as lamentable – today as ever:
There are few branches of learning as devoid of history’s light as economics. Economists are rarely informed by it.
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 The Government Habit: http://www.amazon.com/Governmental-Habit-Redux-Economic-Controls/dp/0691042721/ref=sr_1_1?s=books&ie=UTF8&qid=1328789072&sr=1-1
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