Robert Fogel quotes
Robert Fogel was an American economist and historian, renowned for his pioneering work in economic history and cliometrics. His research applied quantitative methods to analyze historical events, transforming how scholars understand economic development. He received the Nobel Prize in Economics for his groundbreaking contributions to the field. Here are 15 of his quotes:
Economic history has contributed significantly to the formulation of economic theory. Among the economists who have found history an important source for their ideas are Smith, Malthus, Marx, Marshall, Keynes, Hicks, Arrow, Friedman, Solow, and Becker. Failure to take account of history, as Simon Kuznets (1941) stressed, has often led to a misunderstanding of current economic problems by investigators who have not realized that their generalizations rested upon transient circumstances. Nowhere is the need to recognize the role of long-run dynamics more relevant than in such pressing current issues as medical care, pension policies, and development policies.
Robert Fogel
Robert Fogel
Occupation: American Economist
Born: July 1, 1926
Died: June 11, 2013
Quotes count: 15
Wikipedia: Robert Fogel
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