Engineers do engineering, i.e. they build bridges. So…
“Engineers do engineering, i.e. they build bridges. So engineering needs engineers. The economy does NOT need economists. Economists do not make economy, but they try it and that is why we have so much problems with some financial models.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
He argues economists are unnecessary for the economy, which is built by engineers.
In simple terms: He claims engineers, not economists, drive real economic activity.
Key Takeaway
Prioritize practical engineering solutions over abstract economic models.
Themes
economics
engineering
policy
Mood
critical
analytical
Type
economic
philosophical
When to use this quote
- government policy
- business strategy
- education reform
Key Concepts
systems theory
financial modeling
production
Questions to Reflect On
- How can engineering and economics collaborate effectively?
- What role should economists play in shaping policy?
A Different Perspective
Economic insights can overlook human behavior and market dynamics.