---
title: "1 Economics Rigorous Quotes By W. Brian Arthur"
description: "1 Economics Rigorous quotes by W. Brian Arthur. Plus more from W. Brian Arthur and more Economics Rigorous sayings from other authors."
image: "https://sms4smile.com/quotes/i/237/w-brian-arthur-53633_assumption_we-re-facing-a-danger-that-economics-is_909534.jpg"
---

> [We're facing a danger that economics is rigorous deduction based upon faulty assumptions. Science after science gets that way from time to time. When it does, we're in real trouble.](https://sms4smile.com/quotes/w-brian-arthur/we-re-facing-a-danger-that-economics-is-rigorous-deduction-based-upon/)

[W. Brian Arthur](https://sms4smile.com/quotes/author/w-brian-arthur/)

[Image](https://sms4smile.com/quotes/i/237/w-brian-arthur-53633_assumption_we-re-facing-a-danger-that-economics-is_909534.jpg)

## More by W. Brian Arthur

> [When you mathematize something you distill its essence.](https://sms4smile.com/quotes/w-brian-arthur/when-you-mathematize-something-you-distill-its-essence/)

[W. Brian Arthur](https://sms4smile.com/quotes/author/w-brian-arthur/)

> [We're facing a danger that economics is rigorous deduction based upon faulty assumptions. Science after science gets that way from time to time. When…](https://sms4smile.com/quotes/w-brian-arthur/we-re-facing-a-danger-that-economics-is-rigorous-deduction-based-upon/)

[W. Brian Arthur](https://sms4smile.com/quotes/author/w-brian-arthur/)

> [The invisible hand is not perfect. Indeed, the invisible hand is a little bit arthritic ... I'm a believer in free markets, but I…](https://sms4smile.com/quotes/w-brian-arthur/the-invisible-hand-is-not-perfect-indeed-the-invisible-hand-is-a/)

[W. Brian Arthur](https://sms4smile.com/quotes/author/w-brian-arthur/)

> [If economics wants to understand the new economy, it not only has to understand increasing returns and the dynamics of instability. It also has…](https://sms4smile.com/quotes/w-brian-arthur/if-economics-wants-to-understand-the-new-economy-it-not-only-has-to/)

[W. Brian Arthur](https://sms4smile.com/quotes/author/w-brian-arthur/)

> [Economists got away from really questioning how the world works, how decisions actually got made. If something doesn't conform to neoclassical models ... people…](https://sms4smile.com/quotes/w-brian-arthur/economists-got-away-from-really-questioning-how-the-world-works-how/)

[W. Brian Arthur](https://sms4smile.com/quotes/author/w-brian-arthur/)

> [Complexity is looking at interacting elements and asking how they form patterns and how the patterns unfold. It's important to point out that the…](https://sms4smile.com/quotes/w-brian-arthur/complexity-is-looking-at-interacting-elements-and-asking-how-they/)

[W. Brian Arthur](https://sms4smile.com/quotes/author/w-brian-arthur/)

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