Abstract
The terms ‘economy’ and ‘economic’ or ‘economical’, are now used chiefly in two meanings, which it is well to distinguish clearly; since, though divergent in their history, they are liable to fusion, and therefore in some degree to confusion.
This chapter was originally published in The New Palgrave: A Dictionary of Economics, 1st edition, 1987. Edited by John Eatwell, Murray Milgate and Peter Newman
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Sidgwick, H. (1987). Economic Science and Economics. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_474-1
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DOI: https://doi.org/10.1057/978-1-349-95121-5_474-1
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Publisher Name: Palgrave Macmillan, London
Online ISBN: 978-1-349-95121-5
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