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I was certain that I was not a Marxist, but I did believe firmly that a connection between economics and politics existed.
--
Preface, p. xii

 

Robert Gilpin

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I have tried to suggest that injustice is not necessary economics;that the economics can work, and has often worked, when the constituency for it is animated. The politics of equality - that is a little harder.

 

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This is what economics now does. It tells the young and susceptible (and also the old and vulnerable) that economic life has no content of power and politics because the firm is safely subordinate to the market and the state and for this reason it is safely at the command of the consumer and citizen. Such an economics is not neutral. It is the influential and invaluable ally of those whose exercise of power depends on an acquiescent public. If the state is the executive committee of the great corporation and the planning system, it is partly because neoclassical economics is its instrument for neutralizing the suspicion that this is so.

 

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Thus we seem to be on the verge of an expansion of welfare economics into something like a social science of ethics and politics: what was intended to be a mere porch to ethics is either the whole house or nothing at all. In so laying down its life welfare economics may be able to contribute some of its insights and analytical methods to a much broader evaluative analysis of the whole social process.

 

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We do not yet have a politics that is equal to the economics around us.

 

Bob Rae

 

A possible explanation of the physicist's use of mathematics to formulate his laws of nature is that he is a somewhat irresponsible person. As a result, when he finds a connection between two quantities which resembles a connection well-known from mathematics, he will jump at the conclusion that the connection is that discussed in mathematics simply because he does not know of any other similar connection.

 

E. P. Wigner