Evsey Domar Quote

The construction of an economic model, or of any model or theory for that matter (or the writing of a novel, a short story, or a play) consists of snatching from the enormous and complex mass of facts called reality, a few simple, easily-managed key points which, when put together in some cunning way, become for certain purposes a substitute for reality itself.


Essays in the Theory of Economic Growth (1957)


The construction of an economic model, or of any model or theory for that matter (or the writing of a novel, a short story, or a play) consists of...

The construction of an economic model, or of any model or theory for that matter (or the writing of a novel, a short story, or a play) consists of...

The construction of an economic model, or of any model or theory for that matter (or the writing of a novel, a short story, or a play) consists of...

The construction of an economic model, or of any model or theory for that matter (or the writing of a novel, a short story, or a play) consists of...