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Quote by Eric Beinhocker

Work

The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of Economics

This book delves into the historical and theoretical aspects of economic development, examining the intricate dynamics that shape wealth accumulation and distribution across societies. more

Author

Eric Beinhocker
Eric Beinhocker

Eric Beinhocker is an economist born in 1968. He has made significant contributions to the field of economics with his deep research and practical experience. more

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“Scientific data are not taken for museum purposes; they are taken as a basis for doing something. If nothing is to be done with the data, then there is no use in collecting any. The ultimate purpose of taking data is to provide a basis for action or a recommendation for action. The step intermediate between the collection of data and the action is prediction.”