“Scientific knowledge is as much an understanding of the diversity of situations for which a theory or its models are relevant as an understanding of its limits.”
Tag Archives: quote of the week
Quote of the week – David Hume
Thinking does not lead to truth; truth is the beginning of thought.
Quote of the week – Hannah Arendt
Thinking does not lead to truth; truth is the beginning of thought.
Quote of the week – Leo Tolstoy
“All happy families are alike; …”
Quote of the week – Janet Yellen
“Listening to others, especially those with whom we disagree, tests our own ideas and beliefs. It forces us to recognize, with humility, that we don’t have a monopoly on the truth.”
Quote of the week – Niccolò Machiavelli
“Because there are three classes of intellects: one which comprehends by itself; another which appreciates what others comprehend; and a third which neither comprehends by itself nor by the showing of others; the first is the most excellent, the second is good, the third is useless.”
Quote of the week – Joseph Schumpeter
“Geniuses and prophets do not usually excel in professional learning, and their originality, if any, is often due precisely to the fact that they do not.”
Quote of the week – Piero Sraffa
“In economic theory the conclusions are sometimes less interesting than the route by which they are reached.”
Quote of the week – Winston Churchill
““All the great things are simple,…”
Quote of the week – Christina Romer
“The most effective way to shake an economy out of a terrible downturn…”