Economics phrasebook

7 May, 2022 at 08:53 | Posted in Economics | 2 Comments

In 1990, two economics PhD students at the University of Chicago, Jeffrey Smith and Kermit Daniel … composed “Economics to Sociology Phrase Book” in order, as they put it, “to help economists adjust their way of speaking in a manner that will make it comprehensible to Sociologists” … Concerning economics terminology, by the way, one can see that not much has changed since then.

Oleg Komlik

economics sociology phrasebook


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  1. ‘ex-post rationalisation for maintaining current institutional arrangements’ = ‘economics’ Amen. 🙂

  2. economics: inflation control

    sociology: wage suppression

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