1. REPORT OF THE PRESIDENT PRESENTED AT THE ANNUAL BUSINESS MEETING.
- Author
-
Copeland, Morris A.
- Subjects
PHYSICAL scientists ,ECONOMISTS ,SOCIAL sciences ,ASSOCIATIONS, institutions, etc. ,ENGINEERS ,HUMANITIES ,ANNUAL meetings - Abstract
The article presents the report of the President presented at the annual business meeting of the American Economic Association. It presents the critical examination of the inadequacies to train physical scientists and engineers and there is quite general agreement on the need for a substantial strengthening of this aspect of our educational system. However various people who have pressed for such a strengthening have been careful to insist that it ought not to be accomplished at the expense of work in the social sciences and the humanities. It seems desirable to use the competition to encourage the balanced type of contribution that combines the deductive and empirical approach. Both the entries in the competition and the responses to the informal survey indicate a situation which is cause for grave concern. There is something wrong with the incentives under which economists work in the early stages of their careers. A systematic canvass needs to be undertaken to determine what steps should be taken these incentives so as to made studies that are both theoretical and factual more attractive than mere a priori model analysis inquiries.
- Published
- 1958