To understand an economy, one must trace the flow of goods a... - Wassily Leontief

"To understand an economy, one must trace the flow of goods and services through every sector and intersection of society."

Wassily Leontief Wisdom

Economist Mathematician Russian-American 1905–1999

More from Wassily Leontief

"Economics is the study of how societies organize the production and distribution of goods and services."

"Input-output analysis reveals the interdependence of all economic sectors."

"The structure of an economy can be represented as a system of linear equations."

"Understanding economic relationships requires mathematical precision."

"I'm not angry, I'm just disappointed."

"The best things in life are free."

"You can't have everything in life, but you can have what matters most."

"A woman's intuition is rarely wrong."