“The attack on economics sprang rather from a dislike of the application of scientific methods to the investigation of social problems. The existence of a body of reasoning which prevented people from following their first impulsive reactions, and which compelled them to balance indirect effects, which could be seen only by exercising the intellect, against intense feeling caused by the direct observation of concrete suffering, then as now, occasioned intense resentment.”

"The Trend of Economic Thinking", lecture delivered at LSE on March 1, 1933, published in Economica (May 1933)
1920s–1930s

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "The attack on economics sprang rather from a dislike of the application of scientific methods to the investigation of s…" by Friedrich Hayek?
Friedrich Hayek photo
Friedrich Hayek 79
Austrian and British economist and Nobel Prize for Economic… 1899–1992

Related quotes

Arthur Cecil Pigou photo

“A comparative social science requires a generalized system of concepts which will enable the scientific observer to compare and contrast large bodies of concretely different social phenomena in consistent terms.”

David Aberle (1918–2004) anthropologist

David Aberle, Albert K. Cohen, A. K. Davis, Marion J. Levy Jr. and Francis X. Sutton, (1950). T"he functional prerequisites of a society." Ethics, 60(2), p. 100; cited in: Neil J. Smelser (2013), Comparative Methods in the Social Sciences. p. 189

“A comparative social science requires a generalized system of concepts which will enable the scientific observer to compare and contrast large bodies of concretely different social phenomena in consistent terms.”

Albert K. Cohen (1918–2014) American criminologist

David Aberle, Albert K. Cohen, A. K. Davis, Marion J. Levy Jr. and Francis X. Sutton, (1950). T"he functional prerequisites of a society." Ethics, 60(2), p. 100; cited in: Neil J. Smelser (2013), Comparative Methods in the Social Sciences. p. 189

“A comparative social science requires a generalized system of concepts which will enable the scientific observer to compare and contrast large bodies of concretely different social phenomena in consistent terms.”

Marion J. Levy Jr. (1918–2002) American sociologist

David Aberle, Albert K. Cohen, A. K. Davis, Marion J. Levy Jr. and Francis X. Sutton, (1950). T"he functional prerequisites of a society." Ethics, 60(2), p. 100; cited in: Neil J. Smelser (2013), Comparative Methods in the Social Sciences. p. 189

David Hilbert photo
Sallustius photo

“The essences of the Gods never came into existence (for that which always is never comes into existence; and that exists for ever which possesses primary force and by nature suffers nothing): neither do they consist of bodies; for even in bodies the powers are incorporeal. Neither are they contained by space; for that is a property of bodies. Neither are they separate from the first cause nor from one another, just as thoughts are not separate from mind nor acts of knowledge from the soul.”

Sallustius Roman philosopher and writer

II. That God is unchanging, unbegotten, eternal, incorporeal, and not in space.
Variant translation:
The essences of the gods are neither generated; for eternal natures are without generation; and those beings are eternal who possess a first power, and are naturally void of passivity. Nor are their essences composed from bodies; for even the powers of bodies are incorporeal: nor are they comprehended in place; for this is the property of bodies: nor are they separated from the first cause, or from each other; in the same manner as intellections are not separated from intellect, nor sciences from the soul.
II. That a God is immutable, without Generation, eternal, incorporeal, and has no Subsistence in Place, as translated by Thomas Taylor
On the Gods and the Cosmos

Bernhard Riemann photo
Vangelis photo
Leonhard Euler photo

“Of course, when the effective causes are too obscure, but the final causes are more readily ascertained, the problem is commonly solved by the indirect method”

Leonhard Euler (1707–1783) Swiss mathematician

introduction to De Curvis Elasticis, Additamentum I to his Methodus Inveniendi Lineas Curvas Maximi Minimive Proprietate Gaudentes 1744; translated on pg10-11, "Leonhard Euler's Elastic Curves" https://www.dropbox.com/s/o09w82abgtftpfr/1933-oldfather.pdf, Oldfather et al 1933
Context: All the greatest mathematicians have long since recognized that the method presented in this book is not only extremely useful in analysis, but that it also contributes greatly to the solution of physical problems. For since the fabric of the universe is most perfect, and is the work of a most wise Creator, nothing whatsoever takes place in the universe in which some relation of maximum and minimum does not appear. Wherefore there is absolutely no doubt that every effect in the universe can be explained as satisfactorily from final causes, by the aid of the method of maxima and minima, as it can from the effective causes themselves. Now there exist on every hand such notable instances of this fact, that, in order to prove its truth, we have no need at all of a number of examples; nay rather one's task should be this, namely, in any field of Natural Science whatsoever to study that quantity which takes on a maximum or a minimum value, an occupation that seems to belong to philosophy rather than to mathematics. Since, therefore, two methods of studying effects in Nature lie open to us, one by means of effective causes, which is commonly called the direct method, the other by means of final causes, the mathematician uses each with equal success. Of course, when the effective causes are too obscure, but the final causes are more readily ascertained, the problem is commonly solved by the indirect method; on the contrary, however, the direct method is employed whenever it is possible to determine the effect from the effective causes. But one ought to make a special effort to see that both ways of approach to the solution of the problem be laid open; for thus not only is one solution greatly strengthened by the other, but, more than that, from the agreement between the two solutions we secure the very highest satisfaction.

Related topics