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Economy Quotes

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Economy Quotes

“Wherefore it is impossible to succeed in comparing wealth of different eras or different nations. This, in political economy, like squaring the circle in mathematics, is impracticable, for want of a common mean or measure to go by.”

Want Mean Different Political Nations Wealth Common Economy Impossible Succeed Mathematics Circles Eras Compare Political Economy Different Eras

Book:A treatise on political economy: or, The production, distribution and consumption of wealth

Source: A treatise on political economy: or, The production, distribution and consumption of wealth

“As soon as a thought or word becomes a tool, one can dispense with actually 'thinking' it, that is, with going through the logical acts involved in verbal formulation of it. As has been pointed out, often and correctly, the advantage of mathematics - the model of all neo-positivistic thinking - lies in just this 'intellectual economy.' Complicated logical operations are carried out without actual performance of the intellectual acts upon which the mathematical and logical symbols are based. ... Reason ... becomes a fetish, a magic entity that is accepted rather than intellectually experienced.”

“You will perceive that economy, scientifically speaking, is a very contracted science; it is in fact a sort of vague mathematics which calculates the causes and effects of man's industry, and shows how it may be best applied.”

Men May Facts Shows Causes Economy Effects Industry Mathematics Perceive Vague Cause And Effect

Book:Letters & Journal of W. Stanley Jevons, Ed

Source: Letters & Journal of W. Stanley Jevons, Ed