A Quote by Piero Sraffa

In economic theory the conclusions are sometimes less interesting than the route by which they are reached. — © Piero Sraffa
In economic theory the conclusions are sometimes less interesting than the route by which they are reached.
For Marx, 'pure' economic theory, that is economic theory which abstracts from a specific social structure, is impossible.
If you take from a theory only the conclusions you like and discard the rest, you are using the theory as a drunkard uses a lamp post-for support rather than illumination.
My interest in economics has always been in the whole corpus of economic theory, the interrelationships between the various fields of theory and their relevance for the formulation of economic policy.
Faith is harder to shake than knowledge, love succumbs less to change than respect, hate is more enduring than aversion, and the impetus to the mightiest upheavals on this earth has at all times consisted less in a scientific knowledge dominating the masses than in a fanaticism which inspired them and sometimes in a hysteria which drove them forward.
In less than eight years "The Origin of Species" has produced conviction in the minds of a majority of the most eminent living men of science. New facts, new problems, new difficulties as they arise are accepted, solved, or removed by this theory; and its principles are illustrated by the progress and conclusions of every well established branch of human knowledge.
Our goals can only be reached through a vehicle of a plan, in which we must fervently believe, and upon which we must vigorously act. There is no other route to success.
love is thicker than forget more thinner than recall more seldom than a wave is wet more frequent than to fail it is most mad and moonly and less it shall unbe than all the sea which only is deeper than the sea love is less always than to win less never than alive less bigger than the least begin less littler than forgive it is most sane and sunly and more it cannot die than all the sky which only is higher than the sky
Theory is worth but little, unless it can explain its own phenomena, and it must effect this without contradicting itself; therefore, the facts are sometimes assimilated to the theory, rather than the theory to the facts.
Our goals can only be reached through a vehicle of a plan, in which we must vigorously act. There is no other route to success.
Half the wrong conclusions at which mankind arrive are reached by the abuse of metaphors, and by mistaking general resemblance or imaginary similarity for real identity.
Creationists reject Darwin's theory of evolution on the grounds that it is "just a theory". This is a valid criticism: evolution is indeed merely "a theory", albeit one with ten billion times more credence than the theory of creationism - although, to be fair, the theory of creationism is more than just a theory. It's also a fairy story. And children love fairy stories, which is presumably why so many creationists are keen to have their whimsical gibberish taught in schools.
There is the theory that all the living forms in the world have arisen from a single source which itself came from an inorganic form. This theory can be called the 'general theory of evolution,' and the evidence which supports this is not sufficiently strong to allow us to consider it as anything more than a working hypothesis.
My mother cared more about how you reasoned than about the conclusions you reached.
Paradoxically, it has turned out that game theory is more readily applied to biology than to the field of economic behavior for which it was originally designed
The human mind feels restless and dissatisfied under the anxieties of ignorance. It longs for the repose of conviction; and to gain this repose it will often rather precipitate its conclusions than wait for the tardy lights of observation and experiment. There is such a thing, too, as the love of simplicity and system,--a prejudice of the understanding which disposes it to include all the phenomena of nature under a few sweeping generalities,--an indolence which loves to repose on the beauties of a theory rather than encounter the fatiguing detail of its evidences.
Socialism is nothing more nor less than the social, political and ideological system which breaks the fetters upon economic growth created under capitalism and opens the way to a new period of economic and social expansion on a much larger scale.
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