Quotessence
Home / Authors / Arthur Cecil Pigou
Arthur Cecil Pigou

Arthur Cecil Pigou Quotes

Economist

Filter quotes by topic

AllEconomicConsciousnessConstantDemandElasticityGravitationHuman ConsciousnessHumansIfsLiableMenVaryAbleAtomsBirthBornConstitutionCooksCrisisDetermine

Famous Arthur Cecil Pigou Quotes

“The gravitation constant is the same always. But the economic constants-these elasticities of demand and supply-depending, as they do, upon human consciousness, are liable to vary. The constitution of the atom, as it were, and not merely its position, changes under the influence of environment.”

MenGivingHumansEndsFormDiesStrongBornConsciousnessEconomicDyingEmotionalBirthPeriodsDemandOptimismCrisisConstantErrorsProsperityExcitedErasExcitementGiantsPessimismInfantVaryLiableHuman ConsciousnessNew EraGravitationElasticityStrong Emotional
Author:Arthur Cecil Pigou
Create image

“Even if the constants which economists wish to determine were less numerous, and the method of experiment more accessible, we should still be faced with the fact that the constants themselves are different at different times. The gravitation constant is the same always. But the economic constants-these elasticities of demand and supply-depending, as they do, upon human consciousness, are liable to vary. The constitution of the atom, as it were, and not merely its position, changes under the influence of environment.”

IfsShouldHumansStillsDifferentFactsWishConsciousnessEnvironmentInfluenceEconomicPositionDemandConstitutionMethodConstantDetermineExperimentsAtomsEconomistVaryLiableDifferent TimesHuman ConsciousnessGravitationElasticity
Author:Arthur Cecil Pigou
Create image