Tjalling Koopmans: Quotes about problems

Tjalling Koopmans was Dutch American economist. Explore interesting quotes on problem.

Tjalling Koopmans: 32 quotes0 likes

“The solution of important problems may be delayed because the requisite tools are not perceived. Or the availability of certain tools may lead to an awareness of problems, important or not, that can be solved with their help.”

Tjalling Koopmans

Source: Three Essays (1957), p. 170

“It is worth pointing out that in this particular study our authors have abandoned demand and supply functions as a tool for analysis, even as applied to individuals… [The problem] has been reformulated as one of proving that a number of maximizations of individual goals under interdependent restraints can be simultaneously carried out.”

Tjalling Koopmans

Source: Three Essays (1957), p. 60, as cited in: Mitra-Kahn, Benjamin H. "General Equilibrium Theory, its history and its relation (if any) to the Market Economy." (2005).

“The principal customers aimed for are other economists or members of other professions, who are somewhat closer to the making of policy recommendations… The question of the clientèle is even more baffling when the problem concerns growth paths for time spans covering several generations. What can at best be recommended in that case is the signal the present generation gives, the tradition it seeks to strengthen or establish, for succeeding generations to take off from.”

Tjalling Koopmans

Source: Concepts of Optimality and Their Uses, 1975, p. 244, as cited in: Vincent Martinet (2012) Economic Theory and Sustainable Development. p. 90