Dismal-science meaning

The science of economics.
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A nickname for economics that took hold in the nineteenth century due to the dismal outlook that economists had of strong population growth and the weak industrial structures that were unable to support strong population gains. Thomas Carlyle coined the phrase.
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(idiomatic, sometimes derogatory, sometimes humorous) Economics or the field of political economy.
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Origin of dismal-science

  • Coined by Thomas Carlyle in 1849.

    From Wiktionary