Science Quotes

"The pretense of scientific certainty in economics masks profound ignorance about human behavior."

"The measure of a theory is not its elegance but its fidelity to reality."

"The greatest discoveries come from observing what everyone else overlooks."

"Energy and organization are the two fundamental forces of the universe."

"The price system is the mechanism that performs the coordination function in a market economy."

"The market mechanism is a remarkable system for coordinating the activities of millions."

"Science tells us what is; philosophy tells us what ought to be."

"All the world's phenomena are manifestations of energy."

"Science and spirituality are not opposites but complementary truths."

"Most of the phenomena of economic life are not susceptible to theoretical analysis."

"The economic process must be viewed as a constant revolutionization of the economic structure."

"What seems to be economic determinism is often merely the working out of human intentions in material circumstances."

"The test of any economic system is not its theoretical purity but its practical ability to satisfy human needs."

"What we call economic laws are often merely descriptions of how people have behaved under certain conditions."

"In social science, as in natural science, we cannot avoid the question of whether and how we can acquire objective knowledge."

"Economic theory divorced from human reality becomes ideology rather than science."

"All science is human, and therefore all science is limited by human capacities and insight."

"Science is systematic knowledge organized and available for the improvement of human life."

"Science reveals the order hidden within apparent chaos."

"An idea that does not work in practice is a bad theory."

"The price mechanism is a powerful tool for allocating resources."

"The test of a theory is its ability to predict the future."

"Science seeks truth; politics seeks power dressed as truth."

"Economics is a science of thinking in terms of models joined to some mathematics, but joined very carefully and suspiciously to the human world."

"Population, when unchecked, increases in a geometrical ratio."

"The means of subsistence increase in an arithmetical ratio."

"Science unveils the mysteries of the world."

"Mathematics is the language of nature."

"Observation is the foundation of science."

"Science seeks truth through observation and reason."