Continuity and Change in the Economics Industry

Richard Schmalensee

Economic Journal, 1991, vol. 101, issue 404, 115-21

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.

Date: 1991
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