Top 3 Quotes & Sayings by W. Allen Wallis

Explore popular quotes and sayings by an American economist W. Allen Wallis.
Last updated on November 21, 2024.
W. Allen Wallis

Wilson Allen Wallis was an American economist and statistician who served as president of the University of Rochester. He is best known for the Kruskal–Wallis one-way analysis of variance, which is named after him and William Kruskal.

It is doubtful that the government knows much more than the public does about how government [Economic] policies will work. — © W. Allen Wallis
It is doubtful that the government knows much more than the public does about how government [Economic] policies will work.
Statistics may be defined as "a body of methods for making wise decisions in the face of uncertainty.
When you pay social security taxes, you are in no way making provision for your own retirement. You are paying the pensions of those who are already retired. Once you understand this, you see that whether you will get the benefits you are counting on when you retire depends on whether Congress will levy enough taxes, borrow enough, or print enough money.
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