"Natural History: The Forgotten Science" [1938]; Published in Round River, Luna B. Leopold (ed.), Oxford University Press, 1966, p. 63-64.
1930s
“The Science of Economics does not deal with true happiness nor even with well-being in material things. It deals with a strictly limited field of what is called "Economic Wealth," and if it goes outside its own boundaries it goes wrong.”
Source: Economics for Helen (1924), Ch. 1 : What is Wealth?
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Hilaire Belloc 91
writer 1870–1953Related quotes
Source: "Institutional economics," 1936, p. 243
“It's a difficult deal, a deal for which only time will show if it is economically viable.”
" Reluctant Tsipras fights to pass reforms in Greek parliament http://www.investing.com/news/economy-news/reluctant-tsipras-fights-to-pass-reforms-in-greek-parliament-351286" (15 July 2015)
Robert Barry (1968), cited in: Lucy R. Lippard, Six Years: The Dematerialization of the Art Object from 1966 to 1972. New York, Praeger, 1973, p. 40. p. xii
March 27, 1968, page 213.
Official Report of Proceedings of the Hong Kong Legislative Council
Context: But what I really believe is that both he and Mr Wong are innocently guilty of the twentieth century fallacy that technology can be applied to the conduct of human affairs. They cannot believe that anything can work efficiently unless it has been programmed by a computer and have lost faith in the forces of the market and the human actions and reactions that make it up. But no computer has yet been devised which will produce accurate results from a diet of opinion and emotion. We suffer a great deal today from the bogus certainties and precisions of the pseudo-sciences which include all the social sciences including economics. An article I recently read referred to the academic’s “infernal economic arithmetic which ignores human responses”. Technology is admirable on the factory floor but largely irrelevant to human affairs.
Source: Psychology and Industrial Efficiency (1913), p. 18-19
Source: 1940s, Economic Analysis, 1941, p. 7-8
1957, p. 119
Source: The Archiving Society, 1961, p. 11