The Place of Science in Modern Civilisation, and Other Essays — John Shaqi
The Place of Science in Modern Civilisation, and Other EssaysVeblen, Thorstein
Philosophy
The Place of Science in Modern Civilisation, and Other Essays
Veblen, Thorstein
Economics; Science
M. G. De Lapouge recently said, "Anthropology is destined to
revolutionise the political and the social sciences as radically as
bacteriology has revolutionised the science of medicine."[2] In so far
as he speaks of economics, the eminent anthropologist is not alone in
his conviction that the science stands in need of rehabilitation. His
words convey a rebuke and an admonition, and in both respects he speaks
the sense of many scientists in his own and related lines of inquiry. It
may be taken as the consensus of those men who are doing the serious
work of modern anthropology, ethnology, and psychology, as well as of
those in the biological sciences proper, that economics is helplessly
behind the times, and unable to handle its subject-matter in a way to
entitle it to standing as a modern science. The other political and
social sciences come in for their share of this obloquy, and perhaps on
equally cogent grounds. Nor are the economists themselves buoyantly
indifferent to the rebuke. Probably no economist to-day has either the
hardihood or the inclination to say that the science has now reached a
definitive formulation, either in the detail of results or as regards
the fundamental features of theory. The nearest recent approach to such
a position on the part of an economist of accredited standing is
perhaps to be found in Professor Marshall's Cambridge address of a year
and a half ago.[3] But these utterances are so far from the jaunty
confidence shown by the classical economists of half a century ago that
what most forcibly strikes the reader of Professor Marshall's address is
the exceeding modesty and the uncalled-for humility of the spokesman for
the "old generation." With the economists who are most attentively
looked to for guidance, uncertainty as to the definitive value of what
has been and is being done, and as to what we may, with effect, take to
next, is so common as to suggest that indecision is a meritorious work.
Even the Historical School, who made their innovation with so much
home-grown applause some time back, have been unable to settle down
contentedly to the pace which they set themselves.
The men of the sciences that are proud to own themselves "modern" find
fault with the economists for being still content to occupy themselves
with repairing a structure and doctrines and maxims resting on natural
rights, utilitarianism, and administrative expediency. This aspersion is
not altogether merited, but is near enough to the mark to carry a sting.
These modern sciences are evolutionary sciences, and their adepts
contemplate that characteristic of their work with some complacency.
Economics is not an evolutionary science--by the confession of its
spokesmen; and the economists turn their eyes with something of envy and
some sense of baffled emulation to these rivals that make broad their
phylacteries with the legend, "Up to date."
Public-domain text, read in full here on John Shaqi.
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