A Quote by Ludwig von Mises

As the science of economics...exploded the fallacies of every brand of utopianism, it was outlawed and stigmatized as unscientific.

Ludwig von Mises

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Brand Economics Every Science

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Ludwig von Mises
Austrian - Economist
September 29, 1881 - October 10, 1973

The entire history of science is a progression of exploded fallacies.

Ayn Rand

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.

William Stanley Jevons

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.

Julian Baggini

Economics is haunted by more fallacies than any other study known to man

Henry Hazlitt

Economics is primarily useful, both to the student and to the political leader, as a prophylactic against popular fallacies.

Henry Calvert Simons

Illusions as bad as mine make people aware of the fallacies of visual information and the pleasure to be derived from such fallacies.

Vik Muniz

Fallacies do not cease to be fallacies because they become fashions.

Gilbert K. Chesterton

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.

Paul Samuelson

Utopianism substitutes glorious predictions and unachievable promises for knowledge, science, and reason, while laying claim to them all.

Mark Levin

People want to think of economics as a natural science, like physics, with the comforting reliability of simple-to-understand theories like F=MA. Unfortunately, it isn't. Economics is a social science, and the so-called theories are really social and moral constructs.

Nick Hanauer

It is not unscientific to make a guess, although many people who are not in science think it is.

Richard P. Feynman

When science starts to be interpretive it is more unscientific even than mysticism.

D. H. Lawrence

The 'science' for which the United States is respected has nothing to do with the unscientific and baseless theory of evolution.

Ray Comfort

Economics has increasingly become the science of human behavior in general, and it's all the more unlikely to think that it can possibly be value-free - and, in fact, it isn't. Economics rests on un-argued assumptions that need to be examined.

Michael Sandel

To simply dismiss the concept of God as being unscientific is to violate the very objectivity of science itself.

Wernher von Braun

I believe we are in a world where innovation in stuff was outlawed. It was basically outlawed in the last 40 years - part of it was environmentalism, part of it was risk aversion.

Peter Thiel

A Quote by Ludwig von Mises

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