Top 2 Quotes & Sayings by John Maurice Clark

Explore popular quotes and sayings by an American economist John Maurice Clark.
Last updated on November 25, 2024.
John Maurice Clark

John Maurice Clark (1884–1963) was an American economist whose work combined the rigor of traditional economic analysis with an "institutionalist" attitude. Clark was a pioneer in developing the notion of workable competition and the theoretical basis of modern Keynesian economics, including the concept of the economic multiplier.

It takes resolution to go forth from the ease and beautiful simplicity of a well-formed hypothesis and struggle with amorphous facts. — © John Maurice Clark
It takes resolution to go forth from the ease and beautiful simplicity of a well-formed hypothesis and struggle with amorphous facts.
Knowledge is the only instrument of production that is not subject to diminishing returns.
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