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An Essay on the Nature and Significance of Economic Science

Lionel Robbins' Essay sought to define more precisely economics as a science and to derive substantive implications. Analysis is relative to "accepted solutions of particular problems" based on best modern practice as referenced, especially including the works of Philip Wicksteed, Ludwig von Mises, and other Continental European economists. Robbins disclaims originality but expresses hope to have given expository force on a very few points to some principles "not always clearly stated"

Influence
Robbins's Essay is one of the most-cited works on the methodology and philosophy of economics for the period 1932–1960. Arguments therein have been widely accepted on the demarcation of economics as science from discussion of recommendations on economic policy. In that period, economists started referring to Robbins' definition of economics therein as generally accepted, along with continuing controversy that accompanied its blending into economics texts. With the application of the economic methods to social and other "non-economic" problems, acceptance of Robbins' expansive subject-matter definition in economics texts increased its prominence. ==See also==
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