The delicate and intricate pattern of competition and cooperation in the economic behavior of the hundreds of thousands of citizens of Stockholm offers a challenge to the economist that is perhaps as complex as the challenges of the physicist and the chemist.
More Quotes from George Stigler:
Economists exert a minor and scarcely detectable influence on the societies in which they liveGeorge Stigler
Even before I came to Chicago, I had gotten interested in the existence of dispersion of prices under conditions which economic theory said would yield a single price.
George Stigler
My teaching began in 1936 at Iowa State College where T. W. Schultz was the department chairman.
George Stigler
I attended schools in Seattle through the University of Washington, from which I was graduated in 1931. I spent the next year at Northwestern University.
George Stigler
A Swedish physicist can not discuss his work with fifty people unless he goes abroad. A Swedish economist can get opinions and instructions in his native language from thousands upon thousands of his fellow citizens.
George Stigler
Two years later, I went to the University of Minnesota from which I was on leave for several years during the war as a member of Statistical Research Group at Columbia University.
George Stigler
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Based on Topics: Competition Quotes, Economics QuotesBased on Keywords: chemist, intricate, physicist, stockholm
Prayer is a confession of one's own unworthiness and weakness.
Mohandas Gandhi
It is a common enough case, that of a man being suddenly captivated by a woman nearly the opposite of his ideal.
George Eliot
Intuition is the very force or activity of the soul in its experience through whatever has been the experience of the soul itself.
Henry Reed