“True science consists in systematically examining all possible cases. Exact political economy has not achieved this until now. It does not even encompass all actual cases. This is one of the reason why exact theory finds itself in opposition to the historical school and why it does not have an awful lot to say to those economists who occupy themselves with issues of practical interest, theories of crisis, cartels and trusts.”

—  Otto Neurath

Source: 1940s and later, Otto Neurath Economic Writings. Selections 1904-1945 (2004), p. 278

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Otto Neurath 23
austrian economist, philosopher and sociologist 1882–1945

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