Skip to content

The position I favor is that economics is a science, but a rather pathological one.

— Steve Keen Debunking Economics - The Naked Emperor Of The Social Sciences (2001)

Another quote →

Topics

Science

More quotes by Steve Keen

Economics is not the Emperor of the social sciences, but the Humpty Dumpty.

Debunking Economics - The Naked Emperor Of The Social Sciences (2001)

The belief that a capitalist economy is inherently stabilising is also one for which inhabitants of market economies may pay dearly in the future.

Debunking Economics - The Naked Emperor Of The Social Sciences (2001)

Why do economists persist in modelling the economy with static tools when dynamic ones exist; why do they treat as stationery an entity which is forever changing?

Debunking Economics - The Naked Emperor Of The Social Sciences (2001)

Economic theory in general ignores processes which take time to occur, and instead assumes that everything occurs in equilibrium.

Debunking Economics - The Naked Emperor Of The Social Sciences (2001)

Not even an economist can make time stand still (though some victims of economics lectures might dispute that!).

Debunking Economics - The Naked Emperor Of The Social Sciences (2001)

All Steve Keen quotes →

You may also like

The most merciful thing in the world, I think, is the inability of the human mind to correlate all its contents.

H. P. Lovecraft The Call of Cthulhu (1926)

All religions, arts and sciences are branches of the same tree. All these aspirations are directed toward ennobling man's life, lifting it from the sphere of mere physical existence and leading the individual towards freedom.

Albert Einstein Moral Decay (1937)

Science and religion are two human enterprises sharing many features.

Freeman Dyson Infinite in All Directions (1988)

To doubt everything or to believe everything are two equally convenient solutions; both dispense with the necessity of reflection.

Henri Poincaré Science and Hypothesis (1901)

Attribution

Quote text and notes from Wikiquote: Steve Keen (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.