Economists as Social Scientists

Since Adam Smith published his Wealth of Nations in 1776, economists have claimed to be social scientists. Does economics rank among the sciences? In a present economy in so much turmoil where is the economist hero with a solution? In 1969 the Nobel Prize for economic science was established, so here we are in 2009 very much in need of an economic panacea. Where is the mathematical and statistical analysis that will trump the vague literary economics that as a minimal line of reason escapes the laymen? Let us return to a tome from E.F. Shumacher who subverted economic science by calling it all into question? Click here to find Shumacher's text and many others that will tune you into what is going on today.