The crisis triggered a fertile period of scientific ferment and revolution in economic theory.
quote by James Tobin
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Related quotes
A theory is only as good as its assumptions. If the premises are false, the theory has no real scientific value. The only scientific criterion for judging the validity of a scientific theory is a confrontation with the data of experience.
quote by Maurice Allais
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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.
quote by James Meade
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The years of the economic depression have been years of political reaction, and that is why the economic crisis has generated a world peace crisis.
quote by Arthur Henderson
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My country is in the grips of a major economic crisis. This is causing dramatic consequences for the very existence of Polish families. A permanent economic crisis in Poland may also have serious repercussions for Europe. Thus, Poland ought to be helped and deserves help.
quote by Lech Walesa
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Psychology more than any other science has had its pseudo-scientific no less than its scientific period.
quote by James M. Baldwin
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It's really true in this country that more and more Americans think that underneath the economic crisis there's a values crisis, and we won't get to an economic recovery without a moral recovery as well. So a citizen's movement about values and economics I'm finding all over the country on main street, and Wall Street needs to pay attention to that.
quote by Jim Wallace
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Every theory presented as a scientific concept is just that; it's a theory that tries to explain more about the world than previous theories have done. It is open to being challenged and to being proven incorrect.
quote by Marvin Harris
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First National Bank laid off 1,000 people; where do they go? There are no jobs for them. So we are having serious economic problems in this country. We are in a real economic crisis.
quote by Richard M. Daley
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In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth.
quote by Martin Feldstein
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Hitler's economic revolution in Germany had reduced financial considerations to a point where they played no role in economic or political decisions.
quote by Carroll Quigley
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The period that I could consider the most important in my literary work came about beginning with the Revolution, and in a certain way, developed as a consequence of the Revolution. But it was also a result of the counterrevolutionary coup of November 1975.
quote by Jose Saramago
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A universe with a God would look quite different from a universe without one. A physics, a biology where there is a God is bound to look different. So the most basic claims of religion are scientific. Religion is a scientific theory.
quote by Richard Dawkins
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If you want to know the taste of a pear, you must change the pear by eating it yourself. If you want to know the theory and methods of revolution, you must take part in revolution. All genuine knowledge originates in direct experience.
quote by Mao Zedong
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Classic economic theory, based as it is on an inadequate theory of human motivation, could be revolutionized by accepting the reality of higher human needs, including the impulse to self actualization and the love for the highest values.
quote by Abraham Maslow
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Hostage Crisis
Who is a hostage
What is the crisis
Who is there
To solve this.
I am here
In this world
And I am in crisis
It is your world
It is you
Who solve my crisis.
The crisis of
Identification
The crisis of
Beautification
The crisis of
Unification
The crisis of
Liberation.
poem by Gajanan Mishra
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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.
quote by Earl Browder
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The Russian people are suffering from economic fatigue and from disillusionment with the Allies! The world thinks the Russian Revolution is at an end. Do not be mistaken. The Russian Revolution is just beginning.
quote by Alexander Kerensky
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War unleashes — at the same time as the reactionary forces of the capitalist world — the generating forces of social revolution which ferment in its depths.
quote by Rosa Luxemburg
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We don't regard any scientific theory as the absolute truth.
quote by Kenneth Miller
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Our people can draw on the tremendous strides made in recent years, not only in terms of advancing themselves spiritually and materially, but also in having weathered social and economic turbulence, triggered, in the main, by factors not of their own creation.
quote by Denzil Douglas
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