Top 4 W. Brian Arthur Quotes

#1. Economists got away from really questioning how the world works, how decisions actually got made. If something doesn't conform to neoclassical models ... people are not somehow behaving themselves properly.

W. Brian Arthur

W. Brian Arthur Quotes #1610499
#2. When you mathematize something you distill its essence.

W. Brian Arthur

W. Brian Arthur Quotes #1753923
#3. We're facing a danger that economics is rigorous deduction based upon faulty assumptions. Science after science gets that way from time to time. When it does, we're in real trouble.

W. Brian Arthur

W. Brian Arthur Quotes #1811955
#4. If economics wants to understand the new economy, it not only has to understand increasing returns and the dynamics of instability. It also has to look at cognition itself, something we have never done before in economics.

W. Brian Arthur

W. Brian Arthur Quotes #1839063

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