I regard it in fact as the great advantage of the mathematical technique that it allows us to describe, by means of algebraic equations, the general character of a pattern even where we are ignorant of the numerical values which will determine its particular manifestation.


The Essence of Hayek (ed. Hoover Institution Press, 1984)

Friedrich Hayek Quotes

I regard it in fact as the great advantage of the mathematical technique that it allows us to describe, by means of algebraic equations, the general...

I regard it in fact as the great advantage of the mathematical technique that it allows us to describe, by means of algebraic equations, the general...

I regard it in fact as the great advantage of the mathematical technique that it allows us to describe, by means of algebraic equations, the general...

I regard it in fact as the great advantage of the mathematical technique that it allows us to describe, by means of algebraic equations, the general...