A Century of Scottish Economics

A review of the development of economics, and of university teaching and research in economics since the foundation of the Scottish Economic Society a century ago. Contrasts the Victorian world of do‐it‐yourself economics with no economic journals or societies and university teaching in the hands of the professor of moral philosophy with the current situation with 12 Scottish universities in place of 4 and a staff of over 240 in Scotland compared with a total of 30 in the United Kingdom in 1890. Economists have multiplied, new branches of the discipline have developed, the subject has been revolutionised.