Answer to Question #143423 in Economics for Neba

Question

some people argue that one should study the history of thought because its interesting in its own right. others argue that it should be studied because it sheds light on the present. which of these arguments is correct?

Answer 1

The study of History of Economic Thought clearly shows that there is a certain unity in economic thought and this unity connects us with ancient times, it will also help us to understand the origin of economics.

So, the second point of view is correct.