Quotessence
Home / Quotes / Quote by Kenneth Arrow

Quote by Kenneth Arrow

“I do sense, as compared with let's say the early '50s, there's somewhat more of a careerism. I don't think it's anything special to economics; it's equally true with physics or biology. A graduate education has become a more career-oriented thing, and part of that is because of the need for funding. In fact, that's a much worse problem in the natural sciences than it is in economics. So you can't even do your work in the natural sciences, particularly, and even to some extent in economics, without funding.”

Quote by Kenneth Arrow

Create image

Author

Kenneth Arrow
Kenneth Arrow

Kenneth Arrow, born on August 23, 1921 in New York, USA, was a distinguished economist. He made significant contributions to the field of economics, particularly in general equilibrium theory and welfare economics. Arrow was awarded the Nobel Prize in Economic Sciences in 1972 for his pioneering contributions to the economic sciences. more

You May Also Like

“The rate of growth of the relevant population is much greater than the rate of growth in funds, though funds have gone up very nicely. But we have been producing students at a rapid rate; they're competing for funds and therefore they're more frustrated. I think there's a certain sense of weariness in the intellectual realm, it's not in any way peculiar to economics, it's a general proposition.”

ThinkingWayHas BeensCertainGrowthGoneGreaterStudentsIntellectualEconomicsRatePopulationRealmsFundPeculiarRelevantFrustratedCompetingPropositionsRapidsVery NiceWeariness
Author:Kenneth Arrow
Create image

“In my teens I fancied myself an artist; I hung out with the eccentric art teacher at my high school, painted still lifes and portraits and landscapes in watercolor and acrylics, took private lessons, won some blue ribbons for my earnest renderings. My lack of talent did little to dampen my enthusiasm. In college I thought I'd continue, but, like Salieri, I quickly realized that while I had the ability to appreciate art, I wasn't actually very good.”

LittlesArtStillsSchoolArtistAbilityTeacherTalentCollegeLessonsHigh SchoolAppreciateBlueVery GoodEnthusiasmLandscapeTeensHungPortraitsEarnestEccentricRibbonsRenderingStill LifeArt TeacherWatercolorsSalieri
Author:Christina Baker Kline
Create image