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Quantities defined in terms of measurements made at the end of the period in question are referred to as ex post; quantities defined in terms of action planned at the beginning of the period in question are referred to as ex ante.

— Gunnar Myrdal Monetary Equilibrium (1939)

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More quotes by Gunnar Myrdal

Language, as we know, is full of illogicalities.

G. Myrdal (1951)

The only possible way of decreasing Negro population is by means of controlling fertility.

An American Dilemma (1944)

The treatment of the Negro is America's greatest and most conspicuous scandal.

An American Dilemma (1944)

A criticism of Keynes and Hayek would have to begin by pointing out the fact that in their theoretical systems there is no place for the uncertainty factor and anticipations.

Monetary Equilibrium (1939)

Education has in America's whole history been the major hope for improving the individual and society.

Myrdal (1984)

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