Explore popular quotes and sayings by an American economist Wassily Leontief.
Last updated on November 25, 2024.
Wassily Wassilyevich Leontief, was a Soviet-American economist known for his research on input–output analysis and how changes in one economic sector may affect other sectors.
Page after page of professional economic journals are filled with mathematical formulas leading the reader from sets of more or less plausible but entirely arbitrary assumptions to precisely stated but irrelevant theoretical conclusions.
We move from more or less plausible but really arbitrary assumptions, to elegantly demonstrated but irrelevant conclusions.