“No organism can afford to be conscious of matters with which it could deal at unconscious levels. Broadly, we can afford to sink those sorts of knowledge which continue to be true regardless of changes in the environment, but we must maintain in an accessible place all those controls of behavior which must be modified for every instance. The economics of the system, in fact, pushes organisms toward sinking into the unconscious those generalities of relationship which remain permanently true and toward keeping within the conscious the pragmatic of particular instances.” MatterFactsLevelsDealsEnvironmentParticularBehaviorConsciousEconomicsBeing TrueInstanceUnconsciousOrganismsSinkingPragmaticGeneralities Author:Gregory Bateson
“Unlike the position that exists in the physical sciences, in economics and other disciplines that deal with essentially complex phenomena, the aspects of the events to be accounted for about which we can get quantitative data are necessarily limited and may not include the important ones.” MayImportantDealsEventsPositionDisciplineAspectEconomicsComplexesDataPhenomenonPhysical Science Author:Friedrich August von Hayek
“Whether we like it or not, it is a fact that economics cannot remain an esoteric branch of knowledge accessible only to small groups of scholars and specialists. Economics deals with society's fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen.” FactsProblemDealsStudyGroupsCitizensConcernEconomicsFundamentalsBranchesScholarSpecialistsSmall GroupsEsoteric Book:Human Action Source: Human Action
“It is almost as hard to define mathematics as it is to define economics, and one is tempted to fall back on the famous old definition attributed to Jacob Viner, "Economics is what economists do," and say that mathematics is what mathematicians do. A large part of mathematics deals with the formal relations of quantities or numbers.” HardFallDealsNumbersEconomicsRelationMathematicsDefinitionsQuantityMathematicianFormalEconomistTemptedFall BackJacob Author:Kenneth E. Boulding