One of our most charming and well-read doctoral students (he is just finishing-up, in fact, I believe he is already a Ph.D), Issac Waisberg, just sent an old quote that is pretty funny. I apologize to my economist friends, but recent global events make this comment seem more true than ever:
In an essay about Walter Bagehot:
"I have been careful not to say that
the pure economist is valueless but, if I may borrow one of his own
conceptions, his marginal utility is low." F. S. Florence, The Economist,
July 25, 1953, 252.
If you check-out the link, you will see Bagehot was the editor of The Economist a long stretch in the 19th century" "For 17 years Bagehot wrote the main article, improved and expanded the
statistical and financial sections, and transformed the journal into one
of the world’s foremost business and political publications. More than
that, he humanized its political approach by emphasising social
problems." It sounds like he was great editor, but I still love the snarky and well-crafted dig.