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But my shift to the serious study of economics gradually weakened my belief in Major Douglas's A+B theorem, which was replaced in my thought by the expression MV = PT.
James Meade
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James Meade
Age: 88 †
Born: 1907
Born: June 23
Died: 1995
Died: December 22
Economist
University Teacher
Swanage
Dorset
James Edward Meade
Thought
Replaced
Economics
Majors
Theorem
Major
Douglas
Expression
Weakened
Serious
Theorems
Study
Gradually
Belief
Shift
More quotes by James Meade
In Oxford before the war, I had, with this interest in mind, written a short textbook entitled, An Introduction to Economic Analysis and Policy. It was now my intention to rewrite this work.
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The frontiers of knowledge in the various fields of our subject are expanding at such a rate that, work as hard as one can, one finds oneself further and further away from an understanding of the whole.
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