Quote of the day
What we observe is not nature itself but nature exposed to our method of questioning. Our scientific work in physics consists in asking questions about nature in the language that we possess and trying to get an answer from experiment by the means that are at our disposal.
Arthur F. Burns
Born: August 27, 1904
Died: June 26, 1987 (aged 82)
Bio: Arthur Frank Burns was an American economist. His career alternated between academia and government. From 1927 to the 1970s, Burns taught and researched at Rutgers University, Columbia University, and the National Bureau of Economic Research.
Known for:
- Prosperity without inflation (1957)
- Measuring business cycles (1946)
- The frontiers of economic knowledge (1954)