Accurate Quote by James R Newman

It is clear that Economics, if it is to be a science at all, must be a mathematical science ... simply because it deals…

— William Stanley Jevons

Mathematical economics is old enough to be respectable, but not all economists respect it. It has powerful supporters and impressive testimonials, yet many capable…

— James R Newman

...the discipline of economics has yet to get over its childish passion for mathematics and for purely theoretical and often highly ideological speculation, at…

— Thomas Piketty

It is clear that economics, if it is to be a science at all, must be a mathematical science.

— William Stanley Jevons

Whether we like it or not, it is a fact that economics cannot remain an esoteric branch of knowledge accessible only to small groups…

— Ludwig von Mises

Economics has become increasingly an arcane branch of mathematics rather than dealing with real economic problems.

— Milton Friedman

It seems perfectly clear that Economy, if it is to be a science at all, must be a mathematical science. There exists much prejudice…

— William Stanley Jevons

There is much of economic theory which is pursued for no better reason than its intellectual attraction; it is a good game. We have…

— Sir John Richard Hicks

It is almost as hard to define mathematics as it is to define economics, and one is tempted to fall back on the famous…

— Kenneth E. Boulding

“To put it bluntly, the discipline of economics has yet to get over its childish passion for mathematics and for purely theoretical and often…

— Thomas Piketty

If people are teaching economics, they need to teach all the different disciplines, all the different schools in economics. They can't just teach one…

— Charles Koch

There is no branch of mathematics, however abstract, which may not some day be applied to phenomena of the real world.

— Nikolai Lobachevsky