We look upon economic theory as a sequence of conceptual models that seek to express in simplified form different aspects of an always more complicated reality.


p. 142 - Three Essays (1957)


We look upon economic theory as a sequence of conceptual models that seek to express in simplified form different aspects of an always more...

We look upon economic theory as a sequence of conceptual models that seek to express in simplified form different aspects of an always more...

We look upon economic theory as a sequence of conceptual models that seek to express in simplified form different aspects of an always more...

We look upon economic theory as a sequence of conceptual models that seek to express in simplified form different aspects of an always more...