Economic Theories

Famous quotes containing the words economic and/or theories:

    There’s something about Marxism that brings out warts—the only kind of growth this economic system encourages.
    —P.J. (Patrick Jake)

    Generalisation is necessary to the advancement of knowledge; but particularly is indispensable to the creations of the imagination. In proportion as men know more and think more they look less at individuals and more at classes. They therefore make better theories and worse poems.
    Thomas Babington Macaulay (1800–1859)