“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.”
---Evsey Domar, Essays in the Theory of Economic Growth
|
|---|
Saturday, September 23, 2006
Quote of the Day
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment