“It is not pretended that, at the present stage of its development, economic science is able to provide an organon even remotely approaching to what it imagines for itself as its ideal.”
Source: The Economics of Welfare (1920), Ch. 1 : Welfare and Economic Welfare, § 4
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Arthur Cecil Pigou 8
British economist 1877–1959Related quotes

“Science, by itself, provides no panacea for individual, social, and economic ills.”
Science - The Endless Frontier (1945)
Context: Science, by itself, provides no panacea for individual, social, and economic ills. It can be effective in the national welfare only as a member of a team, whether the conditions be peace or war. But without scientific progress no amount of achievement in other directions can insure our health, prosperity, and security as a nation in the modern world.

Dijkstra (1988) " On the cruelty of really teaching computing science http://www.cs.utexas.edu/users/EWD/transcriptions/EWD10xx/EWD1036.html (EWD1036).
1980s

Source: "Left-libertarianism, market anarchism, class conflict and historical theories of distributive justice" (2012), p. 425
Source: "The Distribution of Control and Responsibility in a Modern Economy", 1935, p. 59; lead paragraph

Source: All the King's Men' A search for the colonial ideas of some advisers and "accomplices" of Leopold II (1853-1892). (Hannes Vanhauwaert), Emile Banning (1836-1898): The Don Quichotte of the ‘liberal civilization’ in Congo, A romantic associate of Leopold II. http://www.ethesis.net/leopold_II/leopold_II.htm#_ftn194 CROKAERT, P. Brialmont, 23.

Quoted in François-Bernard Mâche (1983, 1992). Music, Myth and Nature, or The Dolphins of Arion (Musique, mythe, nature, ou les Dauphins d'Arion, trans. Susan Delaney). Harwood Academic Publishers. ISBN 3718653214.

“Science does not know its debt to imagination.”
Poetry and Imagination
1870s, Society and Solitude (1870), Books, Letters and Social Aims http://www.rwe.org/comm/index.php?option=com_content&task=category§ionid=5&id=74&Itemid=149 (1876)