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Intervening variables are essential to psychological analysis because without them our description of economic behavior would remain incomplete, our understanding of behavior limited, and our predictions of future behavior incorrect.

— George Katona George Katona (1951)

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Motives, attitudes, and expectations of consumers and businessmen play a significant role in determining spending, saving, and investing and that modern psychology provides conceptual as well as methodological tools for the investigation of economic behavior.

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