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Alliances are always weaker in peacetime; alliances tend to become hard and fast and strong when things are going badly... but when things are going well, cooperation is hard to achieve.

— Oskar Morgenstern

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More quotes by Oskar Morgenstern

"Wherever mathematics has entered it has never again been pushed out by other developments. The mathematization of an area of human endeavor is not a passing fad; it is the prime mover of scientific and technological progress."

As far as the use of mathematics in economics is concerned, there is an abundance of formulas where such are not needed. They are frequently introduced, one fears, in order to show off. The more difficult the mathematical theorem, the more esoteric the name of the mathematician quoted, the better.

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Attribution

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