Origins of The Term
The origin and meanings of Applied Economics has a long history going back to the writing of Say and Mill. Say wrote about "applying" the “general principles of political economy” to "ascertain the rule of action of any combination of circumstances presented to us." The full title of Mill’s (1848) work is Principles of Political Economy with Some of Their Applications to Social Philosophy.
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“Grown onto every inch of plate, except
Where the hinges let it move, were living things,
Barnacles, mussels, water weedsand one
Blue bit of polished glass, glued there by time:
The origins of art.”
—Howard Moss (b. 1922)
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