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The Development Of Political Economy In Australia
Author(s) -
Pincus J. J.
Publication year - 1984
Publication title -
economic papers: a journal of applied economics and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.245
H-Index - 19
eISSN - 1759-3441
pISSN - 0812-0439
DOI - 10.1111/j.1759-3441.1984.tb00467.x
Subject(s) - natural (archaeology) , politics , positive economics , neoclassical economics , economics , common sense , political economy , political science , epistemology , law , history , philosophy , archaeology
The role of economist in practical matters has generally little to do with economic theory. What they contribute is common‐sense judgment based on a fairly objective and complete appreciation of the facts. It is for appreciation of the facts that the economists are required; otherwise their place might almost as well be filled by classical scholars or natural scientists.