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Theory Quotes - page 3
If the Confederacy falls, there should be written on its tombstone: Died of a theory.
Jefferson Davis
There is much of economic theory which is pursued for no better reason than its intellectual attraction; it is a good game. We have no reason to be ashamed of that, since the same would hold for many branches of pure mathematics.
John Hicks
American institutionalists were not theoretical but anti-theoretical.... Without a theory they had nothing to pass on except a mass of descriptive material waiting for a theory, or a fire.
Ronald Coase
In mainstream economic theory, the firm and the market are, for the most part, assumed to exist and are not themselves the subject of investigation. One result has been that the crucial role of the law in determining the activities carried out by the firm and in the market has been largely ignored.
Ronald Coase
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
General relativity is certainly a very beautiful theory, but how does one judge the elegance of physical theories generally?
Roger Penrose
I have a theory that the only original things we ever do are mistakes.
Billy Joel
Theory is taught so as to make the student believe that he or she can become a Marxist, a feminist, an Afrocentrist, or a deconstructionist with about the same effort and commitment required in choosing items from a menu.
Edward Said
I had become interested in economics, an interest that was transformed into a lifetime dedication when I met with the mathematical theory of general economic equilibrium.
Gérard Debreu
Were I to deduce any system from my feelings on leaving Eton, it might be called The Theory of Permanent Adolescence. It is the theory that the experiences undergone by boys at the great public schools, their glories and disappointments, are so intense as to dominate their lives and to arrest their development. From these it results that the greater part of the ruling class remains adolescent, school-minded, self-conscious, cowardly, sentimental, and in the last analysis homosexual.
Cyril Connolly
My job was to teach the whole corpus of economic theory, but there were two subjects in which I was especially interested, namely, the economics of mass unemployment and international economics.
James Meade
Theory helps us to bear our ignorance of facts.
George Santayana
Game theory is a theory of strategic interaction. That is to say, it is a theory of rational behavior in social situations in which each player has to choose his moves on the basis of what he thinks the other players' countermoves are likely to be.
John Harsanyi
Theory should be ever more demanding of our empirical resources. Simultaneously, data should be ever more demanding of the empirical relevance of theory and of the theorist's expertise in working imaginatively on problems of the world, rather than on stylized problems of the imagination.
Vernon L. Smith
It really is a nice theory. The only defect I think it has is probably common to all philosophical theories. It's wrong.
Saul Kripke
The Big Bang theory says nothing about what banged, why it banged, or what happened before it banged.
Alan Guth
Anecdotal data is not incidental to theory development at all, but an essential part of it.
Henry Mintzberg
Theory is a dirty word in some managerial quarters. That is rather curious, because all of us, managers especially, can no more get along without theories than libraries can get along without catalogs - and for the same reason: theories help us make sense of incoming information.
Henry Mintzberg
In theory there is no difference between theory and practice; in practice there is.
Yogi Berra
The Freudian theory is one of the most important foundation stones for an edifice to be built by future generations, the dwelling of a freer and wiser humanity.
Thomas Mann
If the evidence says you're wrong, you don't have the right theory. You change the theory, not the evidence.
John Brunner
People are always asking for the latest developments in the unification of this theory with that theory, and they don't give us a chance to tell them anything about what we know pretty well. They always want to know the things we don't know.
Richard Feynman
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