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Certainly, there is no general principle that prevents the creation of an economic theory based on other hypotheses than that of rationality.
Kenneth Arrow
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The data that can bear on the confirmation of perceptual hypotheses includes, in the general case, considerably less than the organism may know.
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General relativity is certainly a very beautiful theory, but how does one judge the elegance of physical theories generally?
Roger Penrose
In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth.
Martin Feldstein
The most general law in nature is equity-the principle of balance and symmetry which guides the growth of forms along the lines of the greatest structural efficiency.
Herbert Read
We look upon economic theory as a sequence of conceptual models that seek to express in simplified form different aspects of an always more complicated reality.
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