the dismal science


the dismal science

A disparaging term for the discipline of economics, coined in 1849 by Scottish historian Thomas Carlyle as a label for the school of economists who supported the abolition of slavery. Economists have predicted that the exponential population growth will eventually cause our entire society to collapse in on itself—I suppose that is why they are known as practitioners of the dismal science.See also: dismal, science

dismal science, the

Economics. The term is Thomas Carlyle’s, and he first used it in On the Nigger Question (1849), writing: “The social science—not a ‘gay science’ but a rueful—which finds the secret of this Universe in ‘supply and demand’ . . . what we might call, by way of eminence, the dismal science.” He repeated it the following year in a pamphlet, and it gradually caught on, becoming particularly popular among students struggling with the subject’s complexities.See also: dismal