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The dismal science is a derogatory term for the discipline of economics. [1] Thomas Carlyle used the phrase in his 1849 essay " Occasional Discourse on the Negro Question " in contrast with the then-familiar phrase "gay science" used to refer to the art of troubadours .
"Occasional Discourse on the Negro Question" is an essay by the Scottish essayist Thomas Carlyle. It was first published anonymously in Fraser's Magazine for Town and Country of London in December 1849, [1] and was revised and reprinted in 1853 as a pamphlet entitled "Occasional Discourse on the Nigger Question". [2]
At the end of the year, Carlyle reported to Karl August Varnhagen von Ense that his earlier efforts to popularise German literature were beginning to produce results, and expressed his satisfaction: "Deutschland will reclaim her great Colony; we shall become more Deutsch, that is to say more English, at same time."
Poor financial planning: Lack of budgeting or inadequate financial management. Reduced income : A decrease in income, such as from loss of employment, reduced business profits or other factors.
results of operations and financial condition, creating certain financial obligations, such as incurrence of material debt; triggering events that accelerate material obligations (such as defaults on a loan) costs associated with exit or disposal plans (layoffs, shutting down a plant, or material change in services or outlets) material impairments
In accounting, a financial condition report (FCR) is a report on the solvency condition of an insurance company that takes into account both the current financial status, as reflected in the balance sheet, and an assessment of the ability of the company to survive future risk scenarios. [1]
In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.
Kirkus Reviews gave the book a positive review, calling it "Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal." [ 11 ] In his review for The Guardian , Greek economist and politician Yanis Varoufakis praised the book and called it a "methodical deconstruction of fake facts" and an ...