Conclusion Quote by Greg Mankiw
“If you take from a theory only the conclusions you like and discard the rest, you are using the theory as a drunkard uses a lamp post-for support rather than illumination.”
About This Quote
Source Speech: Economics Lecture, 2015
Selective use of theory leads to misuse, like a lamp post for support.
In simple terms: Misusing theory is like using a lamp post for support.
Key Takeaway
Apply theories fully.
Themes
critical thinking
integrity
analysis
Mood
cautionary
analytical
Type
educational
philosophical
When to use this quote
- policy making
- academic research
- business strategy
Key Concepts
philosophy of science
logic
Questions to Reflect On
- How can we ensure comprehensive use of theory?
- What risks arise from cherry‑picking conclusions?
A Different Perspective
Complex theories may be oversimplified.
![“These teenagers [that drop out of school to take the higher wage jobs] take jobs that would go to unskilled adults, making it harder for those adults to make the transition from welfare to work.” quote by Greg Mankiw](https://sms4smile.com/quotes/img-quotes/272/greg-mankiw-50363_adults_these-teenagers-that-drop-out-of-school_1743125.jpg)
