Economic Theories

Famous quotes containing the words economic and/or theories:

    “It does not follow, because our difficulties are stupendous, because there are some souls timorous enough to doubt the validity and effectiveness of our ideals and our system, that we must turn to a state controlled or state directed social or economic system in order to cure our troubles.”
    —Herbert Hoover (1874–1964)

    “The wise man regulates his conduct by the theories both of religion and science. But he regards these theories not as statements of ultimate fact but as art-forms.”
    —J.B.S. (John Burdon Sanderson)