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Continuity and Change in the Economics Industry

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  • Schmalensee, Richard

Abstract

This essay is an exercise in long-run forecasting; it considers the development of economics over the next century. (It is one of several papers on this topic in a special issue of the Economic Journal.) The discussion is organized around the economics profession's internally-generated research agenda, the demand for answers to public policy questions and to questions posed by economic changes, and the supply of tools and concepts from other disciplines. Both evolutionary continuation of currently visible trends and possible revolutionary changes are considered. Copyright 1991 by Royal Economic Society.

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  • Schmalensee, Richard, 1991. "Continuity and Change in the Economics Industry," Economic Journal, Royal Economic Society, vol. 101(404), pages 115-121, January.
    • Handle: RePEc:ecj:econjl:v:101:y:1991:i:404:p:115-21
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    Cited by:

    1. Wilfred Dolfsma & Patrick J. Welch, 2009. "Paradigms and Novelty in Economics: The History of Economic Thought as a Source of Enlightenment," American Journal of Economics and Sociology, Wiley Blackwell, vol. 68(5), pages 1085-1106, November.
    2. D. P. O'Brien, 1992. "Economists and Data," British Journal of Industrial Relations, London School of Economics, vol. 30(2), pages 253-285, June.

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