Wassily Leontief Quote

Economics today rides the crest of intellectual respectability and popular acclaim. The serious attention with which our pronouncements are received by the general public, hard-bitten politicians, and even skeptical businessmen is second only to that which was given to physicists and space experts a few years ago when the round trip to the moon seemed to be our only truly national goal.


p. 1: Start of lead paragraph - "Theoretical assumptions and nonobserved facts," 1971


Economics today rides the crest of intellectual respectability and popular acclaim. The serious attention with which our pronouncements are received...

Economics today rides the crest of intellectual respectability and popular acclaim. The serious attention with which our pronouncements are received...

Economics today rides the crest of intellectual respectability and popular acclaim. The serious attention with which our pronouncements are received...

Economics today rides the crest of intellectual respectability and popular acclaim. The serious attention with which our pronouncements are received...