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Economics Quotes

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Economics Quotes

“Economics anxiety may be even more common than the often identified 'math anxiety,' for unlike math, which has its personal uses, economics is seen as a mysterious set of forces manipulated from above.”

May Use Force Common Anxiety Economics Math Mysterious

Book:Moving Beyond Words: Essays on Age, Rage, Sex, Power, Money, Muscles: Breaking the Boundaries of Gender

Source: Moving Beyond Words: Essays on Age, Rage, Sex, Power, Money, Muscles: Breaking the Boundaries of Gender

“There's a snobbery at work in architecture. The subject is too often treated as a fine art, delicately wrapped in mumbo-jumbo. In reality, it's an all-embracing discipline taking in science, art, maths, engineering, climate, nature, politics, economics.”

Art Reality Subjects Fine Discipline Economics Climate Math Architecture Treated Engineering Fine Arts Snobbery

Author:Norman Foster

“Mathematical economics is old enough to be respectable, but not all economists respect it. It has powerful supporters and impressive testimonials, yet many capable economists deny that mathematics, except as a shorthand or expository device, can be applied to economic reasoning. There have even been rumors that mathematics is used in economics (and in other social sciences) either for the deliberate purpose of mystification or to confer dignity upon common places as French was once used in diplomatic communications.”

“There can be no question, however, that prolonged commitment to mathematical exercises in economics can be damaging. It leads to the atrophy of judgement and intuition. . .”

Exercise Commitment Economics Mathematics Intuition Math Mathematical Judgement Statistics Atrophy

Author:John Kenneth Galbraith

“It is clear that economics, if it is to be a science at all, must be a mathematical science.”

Ifs Science Clear Economics Mathematics Math Mathematical

Author:William Stanley Jevons

“To be sure, mathematics can be extended to any branch of knowledge, including economics, provided the concepts are so clearly defined as to permit accurate symbolic representation. That is only another way of saying that in some branches of discourse it is desirable to know what you are talking about.”

Knows Way Talking Knowledge Concepts Economics Mathematics Including Math Defined Mathematical Branches Permit Accurate Representation Discourse Desirable Another Way Symbolic

Book:The World of Mathematics

Source: The World of Mathematics

“I take great solace that Einstein failed math. I failed math. I also failed English and home economics. Einstein was an underachiever.”

Home Education Learning Economics Math Solace Home Economics

Author:Danny Bonaduce