The Real History of Economics
The word "economics" is derived from the Greek "oikonomikos", which means skilled in household management. Although the word is very old, the discipline of economics as we understand it today is a relatively recent development. Modern economic thought emerged in the 17th and 18th centuries as the western world began its transformation from an agrarian to an industrial society. One day a professor of this emerging science thought, "Hmmmm. If we complicate this, we might be able to force the local university to teach this in business programs and employ us. Why we might even be able to write a textbook that no one can understand but us." Then Voila, Economics as a study was born. See it's all about job security. Now that wasn't so hard to understand, was it?