A Quote by Dale T. Mortensen
Economics is a strange science. Our subject deals with some of the most important as well as mundane issues that impinge on the human condition.
Related Quotes
Economics is uncertain because its fundamental subject matter is not money but human action. That's why economics is not the dismal science, it's no science at all.
It is clear that Economics, if it is to be a science at all, must be a mathematical science ... simply because it deals with quantities... As the complete theory of almost every other science involves the use of calculus, so we cannot have a true theory of Economics without its aid.
When one deals with urban issues, one never deals with clear black-and-white issues; they're all trade-offs. Important urban issues present conflicting values.
I think that if there's one key insight science can bring to fiction, it's that fiction - the study of the human condition - needs to broaden its definition of the human condition. Because the human condition isn't immutable and doomed to remain uniform forever.
As science is more and more subject to grave misuse as well as to use for human benefit it has also become the scientist's responsibility to become aware of the social relations and applications of his subject, and to exert his influence in such a direction as will result in the best applications of the findings in his own and related fields. Thus he must help in educating the public, in the broad sense, and this means first educating himself, not only in science but in regard to the great issues confronting mankind today.
A good song deals with the human condition, and the truth of the human condition.
There was a time when events that define the human condition were subject to very limited and time-delayed analysis. In the 21st Century and beyond, however, the human condition is subject to real-time, overwhelming analysis and dissection.
The subject for which I am asking your attention deals with the foundations of mathematics. To understand the development of the opposing theories existing in this field one must first gain a clear understnding of the concept "science"; for it is as a part of science that mathematics originally took its place in human thought.
I feel very strongly that history is about everything. It isn't just about politics or the military or social issues. If art, music, engineering, science, medicine, finance, the world of architecture and technology - if those are left out, then you're not getting a full sense of the human condition. History is human and we human beings are involved in all kinds of things and that's part of our humanity.
Novel technologies and ideas that impinge on human biology and their perceived impact on human values have renewed strains in the relationship between science and society.
Our days are filled with a constant stream of decisions. Most are mundane, but some are so important that they can haunt you for the rest of your life.
And it sort of hit me that the very subject matter of the film that I'm dealing with is the key to the most important thing in our lives, and that's our relationships. And so we had done all this research showing the job of each individual emotion, you know, fear keeps you safe. It deals with uncertainty.
Human language has a vocabulary suited to our daily needs and functions: the shape of any human language maps approximately to the needs and activities of our mundane lives. But few would deny that there is another dimension of human existence which transcends the mundane: call it the soul, the spirit: it is that part of the human frame which sees the shimmer of the numinous.
Economics is not an exact science. It's a combination of an art and elements of science. And that's almost the first and last lesson to be learned about economics: that in my judgment, we are not converging toward exactitude, but we're improving our data bases and our ways of reasoning about them.
Economics seeks to be a science. Science is supposed to be objective and it is difficult to be scientific when the subject matter, the participant in the economic process, lacks objectivity.
The heart of the theater is the play itself, how it dramatizes life to make it meaningful entertainment. To achieve depth and universality, the playwright must subject himself to intense critique, to know human character and behavior, and finally to construct art from the most mundane of human experience.
Related Authors
Adam Smith Quotes
Scottish
Economist
Alan Greenspan Quotes
American
Economist
Benjamin Graham Quotes
American
Economist
Friedrich August von Hayek Quotes
Austrian
Economist
John Kenneth Galbraith Quotes
American
Economist
John Maynard Keynes Quotes
English
Economist
Joseph Stiglitz Quotes
American
Economist
Ludwig von Mises Quotes
Austrian
Economist
Milton Friedman Quotes
American
Economist
Muhammad Yunus Quotes
Bangladeshi
Economist
Murray Rothbard Quotes
American
Economist
Paul Krugman Quotes
American
Economist
Richard Thaler Quotes
American
Economist
Robert Reich Quotes
American
Economist
Thomas Sowell Quotes
American
Economist
Walter E. Williams Quotes
American
Economist