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economics quotes

English (12)

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“Too large a proportion of recent 'mathematical' economics are merely concoctions, as imprecise as the initial assumptions they rest on, which allow the author to lose sight of the complexities and interdependencies of the real world in a maze of...” John Maynard Keynes, The General Theory of Employment, Interest and Money
“Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist.” John Maynard Keynes, The General Theory of Employment, Interest and Money
“I’ve said many times that when a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.” Warren Buffett, The Essays of Warren Buffett
“A commodity appears, at first sight, a very trivial thing, and easily understood. Its analysis shows that it is, in reality, a very queer thing, abounding in metaphysical subtleties and theological niceties.” Karl Marx, Das Kapital

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influence intelligence philosophy business mathematics complexity reputation commodity

Related authors

John Maynard Keynes (2)
Karl Marx (1)
Warren Buffett (1)

Related sources

The General Theory of Employment, Interest and Money (2)
Das Kapital (1)
The Essays of Warren Buffett (1)