Quote by Paul Samuelson

Economics has never been a science - and it is even less now than a few years ago.

Economics has never been a science - and it is even less now

Summary

This quote suggests that economics is not a scientific discipline, and indicates that its standing as a science has diminished over time. It implies that economics lacks the characteristics typically associated with a recognized science. This may be due to the complexity and unpredictability of economic systems, as well as the constant changes and new challenges faced in the modern world, making it difficult to apply conventional scientific methods. It hints at a more subjective nature of economics, influenced by various factors beyond pure scientific principles.

Topics

Science

By Paul Samuelson

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