The Function of Economics

The transcript of a lecture delivered at the Royal Society of Arts, London on 23rd July 1952 by Leon MacLaren

‘Is any study simpler than economics? A child could grasp it…… The book of economics lies open before us. Its language is simple and its message clear. We may read it, not in any library but in our daily lives and in our essential relations with nature and each other. Let us look at it together. Lend me your imaginations so that our sight may be insight and our seeing understanding’.