Mainstream Economics - Scope

Scope

Mainstream economics can be defined, as distinct from other schools of economics, by various criteria, notably by its assumptions, its methods, and its topics.

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Famous quotes containing the word scope:

    The scope of modern government in what it can and ought to accomplish for its people has been widened far beyond the principles laid down by the old “laissez faire” school of political rights, and the widening has met popular approval.
    William Howard Taft (1857–1930)

    Every person is responsible for all the good within the scope of his abilities, and for no more, and none can tell whose sphere is the largest.
    Gail Hamilton (1833–1896)

    Each man must have his “I;” it is more necessary to him than bread; and if he does not find scope for it within the existing institutions he will be likely to make trouble.
    Charles Horton Cooley (1864–1929)