Source: Essays In Biography (1933), Alfred Marshall, p. 170; as cited in: Donald Moggridge (2002), Maynard Keynes: An Economist's Biography, p. 424
“Economics is in high degree a pedagogical discipline, and an economist must be in close touch with popular psychology in order to know what ought to be said at any particular moment.”
Quoted in Bertil Ohlin (1972, 107); as cited in: Carlson, Benny, and Lars Jonung. "Knut Wicksell, Gustav Cassel, Eli Heckscher, Bertil Ohlin and Gunnar Myrdal on the role of the economist in public debate." Econ Journal Watch 3.3 (2006): p. 525
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Gustav Cassel 2
Swedish economist 1866–1945Related quotes
Source: The Four Pillars of Investing (2002), Chapter 13, Defining Your Mix, p. 246.
"Who Was Milton Friedman?", The New York Review of Books (February 15, 2007)
The New York Review of Books articles
Source: The lever of riches: Technological creativity and economic progress, 1992, p. 171
Source: 1940s, Economic Analysis, 1941, p. 3
Source: 1930s- 1950s, An Economist Looks At the Peace (1945)
Aphorism 42
Les Caractères (1688), Du mérite personnel
Context: False greatness is unsociable and remote: conscious of its own frailty, it hides, or at least averts its face, and reveals itself only enough to create an illusion and not be recognized as the meanness that it really is. True greatness is free, kind, familiar and popular; it lets itself be touched and handled, it loses nothing by being seen at close quarters; the better one knows it, the more one admires it.
Letter to Mr. O'Donoghue (15 March 1874), quoted in G. M. Trevelyan, The Life of John Bright (London: Constable, 1913), p. 445
1870s