[E]conomics is essentially a moral science and not a natural science. That is to say, it employs introspection and judgments of value.
John Maynard Keynes: Letter to Roy Harrod, July 4, 1938
So true, but so often forgotten!
Tags: Keynes
[E]conomics is essentially a moral science and not a natural science. That is to say, it employs introspection and judgments of value.
John Maynard Keynes: Letter to Roy Harrod, July 4, 1938
So true, but so often forgotten!
Tags: Keynes