Quotessence
Home / Quotes / Quote by F. M. Scherer

Quote by F. M. Scherer

“Course titles and even course descriptions often fail to reveal what is actually taught (much less learned).”

Quote by F. M. Scherer

Create image

Author

F. M. Scherer
F. M. Scherer

F. M. Scherer was a renowned economist, born in 1932 and passed away in 2013. He is known for his extensive research in the fields of industrial organization, competition policy, and corporate strategy. more

You May Also Like

“It is however always important to remember that the ability to see things in their correct perspective may be, and often is, divorced from the ability to reason correctly and vice versa. That is why a man may be a very good theorist and yet talk absolute nonsense.”

MenMayImportantReasonRememberAbilityPerspectiveEconomicsAbsolutesVery GoodVicesNonsenseDivorcedVice VersaOften IsTheoristsAbility To See
Book:Capitalism, Socialism and Democracy
Create image

“There is a history of mathematical models of oligopolistic competition dating from Cournot to the theory of games. There is also a literature generated by institutional economists, lawyers, and administrators interested in formulating and implementing public policy. It has been the tendency of these groups to work almost as though the other did not exist.”

Has BeensLiteratureGamesGroupsPolicyTheoryModelsEconomicsDatingCompetitionLawyerTendenciesMathematicalEconomistPublic PolicyAdministratorsImplementingMathematical Models
Book:Market structure and behavior
Create image

“The discipline of colleges and universities is in general contrived, not for the benefit of the students, but for the interest, or more properly speaking, for the ease of the masters. Its object is, in all cases, to maintain the authority of the master, and whether he neglects or performs his duty, to oblige the students in all cases to behave toward him as if he performed it with the greatest diligence and ability.”

IfsInterestAbilityCasesObjectsStudentsCollegeMastersDutyDisciplineAuthorityBenefitsEconomicsUniversityEaseBehaveNeglectDiligenceColleges And Universities
Author:Adam Smith
Create image