At least since Thomas Carlyle’s infamous put-down of economics as the “dismal science” (for economists having the temerity to oppose slavery), it has been popular to disparage economics as a discipline that fosters depression on the one hand and narrow self-interest on the other. Perhaps the two are linked, says the critic.
My own experience with economics has been quite contrary to these allegations. Studying economics instilled in me a profound sense of gratitude. When you’re grateful for something, you are appreciative of benefits you have received, says the Oxford English Dictionary.
That is how I feel.
More than that, University of California,
