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| Author: | Pencavel, J. |
| Title: | Prospects for economics |
| Journal: | Economic Journal
1991 : JAN, VOL. 101:404, p. 81-87 |
| Index terms: | ECONOMICS FUTURE ECONOMIC ANALYSIS ECONOMIC FORECASTING |
| Language: | eng |
| Abstract: | A recurring theme in what follows is the increasing size and diversity of economics in the future. Along almost any dimensions, topics studied, analytical approaches, institutional affiliations, specialist associations, the enterprise of economics will become bigger and bigger and more varied. In fact, economic science will become an even more competitive activity than it is now. A rough pyramidal hierarchy will persist, but there will be a much wider base representing local confluences of authority. Some trends are projected into the future from the past one hundred years of economics. Following the extrapolation of trends, the evolution of beliefs, the profession of economist and the prospects are discussed in detail. |
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