Skip to content

For these anticipations determine the behaviour of the economic subjects and consequently those changes in the whole price system which during a period actually occur as a result of the actions of individuals.

— Gunnar Myrdal Monetary Equilibrium (1939)

Another quote →

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)

All Gunnar Myrdal quotes →

Attribution

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.