Natural scientists and economics

posted by
April 19, 2011
Cafe Hayek
by Don Boudreaux  
Posted in Commentary

"I don’t blame natural scientists for their frequent failures to grasp even basic economics. Each of these scientists is a specialist in his or her own field. It would be as out of place for me to criticize, say, a scientist who specializes in the study of ants for his poor grasp of economics as it would be for the ant-specialist scientist to criticize me for my poor grasp of the biology and behavior of ants. The difference is that I don’t fancy that my expertise in economics equips me to speak with any authority at all on ant science or on other natural-science matters." (04/18/11)  


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