can be called market transactions.’ Mark Blaug (1993) Review of David R. Steele From Marx to Mises, in Economic Journal, 103(6), November, p. 1571. ‘Modern economics is “sick”. Economics has increasingly become an intellectual game played for its own sake and not for its practical consequences. Economists have gradually converted the subject into a sort of social mathematics in which analytical rigor as understood in math departments is everything and empirical relevance (as understood in physics departments) is nothing. If a topic cannot be tackled by formal modelling, it is simply consigned to the intellectual underworld. To pick up a copy of American Economic Review or Economic Journal, not to mention Econometrica or Review of Economic Studies these days is to wonder whether one has landed on a strange planet in which tedium is the deliberate objective of professional publication. Economics was condemned a century ago as “the dismal science”, but the dismal science of yesterday was a lot less dismal than the soporific scholasticism of today.’ Blaug (1998, p. 12) Honours In 1984 he was made a Foreign Member of the Royal Netherlands Academy of Arts and Sciences (KNAW). In 1988 he was made a Distinguished Fellow of the History of Economics Society. In 1989 he became an Elected Fellow of the British Academy. Selected publications Books Reprinted as: Review: Revised as: Preview. Revised as: Preview. Chapters in books Journal articles Also available at JSTOR: link. Anthologies 'Pioneers in Economics'. In 1991 and 1992 Blaug edited a series of fifty volumes, with reprints of journal articles on the history of economic thought, under the series title 'Pioneers in Economics'. The series was published by Edward Elgar Publishing. References Further reading Erasmus Journal for Philosophy and Economics 6, 3, Winter 2013: Special Issue in Honor of Mark Blaug (complete PDF). External links 1927 births 2011 deaths British economists Dutch economists Cultural economists Historians of economic thought Writers from The Hague Columbia University alumni Academics of the London School of Economics Academics of the University of London Academics of the University of Buckingham Academic staff of Erasmus University Rotterdam Fellows of the British Academy Members of the Royal Netherlands Academy of Arts and Sciences Dutch emigrants to the United Kingdom