[This work urges] a clearer separation, in the construction of economic knowledge, between reasoning and recognition of facts, for the better protection of both. (Tjalling Koopmans)

[This work urges] a clearer separation, in the construction of economic knowledge, between reasoning and recognition of facts, for the better protection of both.

Tjalling Koopmans

Related topics

clearer construction knowledge protection reasoning recognition separation work facts

Related quotes

States get to improve transportation infrastructure; that creates economic development, puts people back to work and, most important, enhances safety and improves local communities. View quote
Corrine Brown
The foremost challenge is that of the knowledge revolution. Economic power will depend on creativity and innovation. Creation of wealth will move from traditional resources to the one asset: knowledge. View quote
Talal Abu-Ghazaleh
The errors which arise from the absence of facts are far more numerous and more durable than those which result from unsound reasoning respecting true data. View quote
Charles Babbage
New knowledge is the most valuable commodity on earth. The more truth we have to work with, the richer we become. View quote
Kurt Vonnegut
Whoever claims that economic competition represents survival of the fittest in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics. View quote
George Reisman