“We may perhaps start by throwing all kinds of production into one variable, all consumption into another, and so on, imagining that the notions 'production', 'consumption', and so on, can be measured by some sort of total indices. At present certain examples of micro-dynamic analyses have been worked out, but as far as I know no determinate macro-dynamic analysis is yet to be found in the literature.”
Source: 1930s, Propagation problems and impulse problems in dynamic economics, 1933, p. 173
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Ragnar Frisch 26
Norwegian economist 1895–1973Related quotes
Source: 1960s, The Economics of the Coming Spaceship Earth, 1966, p. 9-10 as cited in: Mark W. W. McElroy, J.M.L. M. L. van van Engelen (2012) Corporate Sustainability Management.

“Consumption is the sole end and purpose of all production”
Source: The Wealth of Nations (1776), Book IV, Chapter VIII, p. 719.
Context: Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.

Grundrisse (1857-1858)
Source: Introduction, p. 10.
Preface
1940s, The Economics of Peace, 1945

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book I, On Production, Chapter XV, p. 138

Quote c. 1915 in 'Cubofuturism', Malevich, in his Essays on Art, op. cit., vol 2; as quoted in Futurism, ed. By Didier Ottinger; Centre Pompidou / 5 Continents Editions, Milan, 2008, p. 59
1910 - 1920

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book III, On Consumption, Chapter IV, p. 400

Source: "Speech at the 67th session of the United Nations General Assembly" https://undocs.org/en/A/67/PV.9 (26 September 2012)

Source: —Deendayal Upadhyaya, thinker and forerunner of the Bharatiya Janata Party quoted from Malhotra, R. (2021). Artificial intelligence and the future of power: 5 battlegrounds. New Delhi : Rupa, 2021.