Criteria Quote by Paul Ormerod

“By any reasonable criteria, the discipline of economics as a whole, in its present state, is sadly lacking.” quote by Paul Ormerod — Download Open image

“By any reasonable criteria, the discipline of economics as a whole, in its present state, is sadly lacking.”

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Criteria Discipline Discipline Economics Economics Economics Present Lacking Reasonable Sadly Lacking States Whole

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The second part of the New Right's policy package has been the belief that free-market solutions are always best. It is this latter view…

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Keynes tried to show that market economies could settle in equilibrium states in which the labour market did not clear, and in which the…

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The linear, mechanistic view of the world which pervades orthodox economics is simply not capable of capturing the richness and complexity of the rhythms…

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But Adam Smith was a philosopher as well as well as an economist, famous in his time as much for his Theory of Moral…

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The behavior of the economy as a whole, at the aggregate, macro-level, is built up from the individual equations at the micro-level.

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We need to abandon the economist's notion of the economy as a machine, with its attendant concept of equilibrium. A more helpful way of…

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In most Western economies, the general relationship is not in fact between the rate of inflation and the level of unemployment, but between the…

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The obstacles facing academic economists are formidable, for tenure and professional advancement still depend to a large extent on a willingness to comply with…

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Once the true relationship between inflation and unemployment is understood, with luck and skill, a free lunch is possible.

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Many Europeans, while admiring the strength and power of the American economy, undoubtedly feel that the system of social values which prevails in the…

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The model of competitive equilibrium which has been discussed so far is set in a timeless environment. People and companies all operate in a…

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The temptation to use mathematics is irresistible for economists. It appears to convey the appropriate air of scientific authority and precision to economists' musings.

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Explore all 20 Paul Ormerod quotes

More Criteria quotes

The major caveat in all of comedy is that it's all instinctive. There's no true criteria. There is no right or wrong. Ultimately, often…

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Every man will have his own criterion in forming his judgment of others. I depend very much on the effect of affliction. I consider…

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First of all the criteria that I have that goes into any career decision is whether or not I have the life experience, emotional…

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The criterion of true beauty is, that it increases in examination; of false, that it lessens. There is something, therefore, in true beauty that…

George Grenville

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“[ When a religious couple wrote to Sagan about fulfilled prophecies, he wrote back in May 1996 :] If ‘fulfilled prophecy’ is your criterion,…

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As for the (Ballon d'Or) criteria, I'm not really sure how it works. Sometimes it's a World Cup year, sometimes it isn't. Let them…

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As the number of unexplained, irreducibly complex biological systems increases, our confidence that Darwin's criterion of failure has been met skyrockets toward the maximum…

Michael Behe