“It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.”

—  Murray N. Rothbard

The Death Wish of the Anarcho-Communists (1970) http://www.lewrockwell.com/rothbard/rothbard122.html.

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American economist of the Austrian School, libertarian poli… 1926–1995

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But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.
The Death Wish of the Anarcho-Communists (1970) http://www.lewrockwell.com/rothbard/rothbard122.html.

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Original in French:
Intermediaire entre les mathematiques, la statistique et l'economie politique, nous trouvons une discipline nouvelle que ion peut, faute de mieux, designer sous le nom de reconometrie. L'econometrie se pose le but de soumettre les lois abstraites de l'economie politique theorique ou l'economie 'pure' A une verification experimentale et numeriques, et ainsi de constituer, autant que cela est possible, l'economie pure en une science dans le sens restreint de ce mot.
1920

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