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We move from more or less plausible but really arbitrary assumptions, to elegantly demonstrated but irrelevant conclusions.
Wassily Leontief
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Wassily Leontief
Age: 93 †
Born: 1905
Born: August 5
Died: 1999
Died: February 5
Economist
Pedagogue
Statistician
St. Petersburg
Wassily W. Leontief
Irrelevant
Assumption
Conclusion
Elegantly
Economics
Demonstrated
Move
Plausible
Less
Assumptions
Moving
Conclusions
Really
Arbitrary
More quotes by Wassily Leontief
The human worker will go the way of the horse.
Wassily Leontief
Page after page of professional economic journals are filled with mathematical formulas leading the reader from sets of more or less plausible but entirely arbitrary assumptions to precisely stated but irrelevant theoretical conclusions.
Wassily Leontief