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Robert Higgs Quotes: Nothing has done more to render modern economic theory a sterile and irrelevant exercise in autoeroticism than its practitioners’ obsession with mathematical, general-equilibrium models.
         

Nothing has done more to render modern economic theory a sterile and irrelevant exercise in autoeroticism than its practitioners’ obsession with mathematical, general-equilibrium models.


Robert Higgs
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Other quotes of Robert Higgs


The beginning of political wisdom is the realization that despite everything you’ve always been taught, the government is not really on your side; indeed, it is out to get you.

The beginning of political wisdom is the realization that despite everything you’ve always been taught, the government is not really on your side; indeed, it is out to get you.



Intervene globally, lose freedom locally.

Intervene globally, lose freedom locally.



Without popular fear, no government would endure more than twenty-four hours.

Without popular fear, no government would endure more than twenty-four hours.



If I had to use a single word to describe what is fundamentally wrong with government today, I would use the word fraud.

If I had to use a single word to describe what is fundamentally wrong with government today, I would use the word fraud.



...History shows that ... (people) can be deflected from their natural tendencies by artful propaganda, bogus crises, or other political trickery.

...History shows that ... (people) can be deflected from their natural tendencies by artful propaganda, bogus crises, or other political trickery.



By adopting programs to distribute substantial amounts of income, a nation guarantees that its government will become more powerful and invasive in other ways.

By adopting programs to distribute substantial amounts of income, a nation guarantees that its government will become more powerful and invasive in other ways.



Since the end of the nineteenth century, if not earlier, presidents have misled the public about their motives and their intentions in going to war.

Since the end of the nineteenth century, if not earlier, presidents have misled the public about their motives and their intentions in going to war.



True counselors of despair are those who hope against hope—and historical experience—that the government can and will act constructively.

True counselors of despair are those who hope against hope—and historical experience—that the government can and will act constructively.



Inflation is not a benign element in the economy's operation. It is, as it has always been, the most dangerous and destructive form of taxation.

Inflation is not a benign element in the economy's operation. It is, as it has always been, the most dangerous and destructive form of taxation.



Abetted by misguided or co-opted intellectuals, the rulers weave a cloak of legitimacy to disguise their theft and hence to ease their extraction of wealth from the rightful owners.

Abetted by misguided or co-opted intellectuals, the rulers weave a cloak of legitimacy to disguise their theft and hence to ease their extraction of wealth from the rightful owners.





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The Infinity sign goes round and round without an end, and true love bears the same pattern.

The Infinity sign goes round and round without an end, and true love bears the same pattern.



Henry, that's how you get rid of fleas. You keep them from laying eggs. You go to war with them.

Henry, that's how you get rid of fleas. You keep them from laying eggs. You go to war with them.



An athlete and actor are really two different temperaments, night and day. As an athlete you really keep things out and as an actor you really bring things in.

An athlete and actor are really two different temperaments, night and day. As an athlete you really keep things out and as an actor you really bring things in.



I have no choice sometimes, but there's something about being alone. When I'm alone I might not speak for 24 hours, but you're totally seeing things. It's a pretty cool experience.

I have no choice sometimes, but there's something about being alone. When I'm alone I might not speak for 24 hours, but you're totally seeing things. It's a pretty cool experience.



I fully support global commerce.

I fully support global commerce.



From hence, let fierce contending nations know, what dire effects from civil discord flow.

From hence, let fierce contending nations know, what dire effects from civil discord flow.



I got ice in my veins Blood in my eyes/Hate in my heart Love in my mind

I got ice in my veins Blood in my eyes/Hate in my heart Love in my mind



It's important to remember that behind every data point is a daughter, a mother, a sister—a person with hopes and dreams.

It's important to remember that behind every data point is a daughter, a mother, a sister—a person with hopes and dreams.



I don't think restaurants should refuse to serve minority people. They are quite tasty when prepared correctly.

I don't think restaurants should refuse to serve minority people. They are quite tasty when prepared correctly.




Quote Description


This page presents the quote "Nothing has done more to render modern economic theory a sterile and irrelevant exercise in autoeroticism than its practitioners’ obsession with mathematical, general-equilibrium models.". Author of this quote is Robert Higgs. This quote is about economic, modern, irrelevant, exercise, theory, models, equilibrium, mathematical, obsession,.