Critical theory ... values Freud as a non-ideological thinker and theoretician of contradictions-contradictions which his successors sought to escape and mask. ... "The greatness of Freud,” wrote Adorno, "consists in that, like all great bourgeois thinkers, he left standing undissolved such contradictions and disdained the assertion of pretended harmony where the thing itself is contradictory. He revealed the antagonistic character of the social reality.” ... A parallel can be established between Marx's judgment on Ricardo and the post-Ricardians. To Marx, Ricardo was the classic and best representative of bourgeois economics since he articulated the contradictions of bourgeois society without glossing them over.
Russell JacobyRelated topics
articulated best bourgeois character contradictory economics escape great greatness harmony judgment left mask parallel representative seek standing thing thinker Marx Freud theoretician RicardoRelated quotes
Through art then, one finally establishes contact with reality: that is the great discovery. Here all is play and invention; there is no solid foothold from which to launch the projectiles which will pierce the miasma of folly, ignorance and greed. The world has not to be put in order: the world is order incarnate. It is for us to put ourselves in unison with this order, to know what is the world order in contradistinction to the wishful-thinking orders which we seek to impose on one another. The power which we long to possess, in order to establish the good, the true and the beautiful, would prove to be, if we could have it, but the means of destroying one another. It is fortunate that we are powerless.
Henry Miller
We have defined the main task of economic analysis as the explanation of the magnitudes of economic quantities. The student will find also that the main part of this, as of most other works on the subject, is concerned with the theory of the determination of prices, wages, interest rates, incomes, and the like. He may well inquire, therefore, in the midst of so much mathematics, whether the first task of economics is not the investigation of wealth, or welfare. Some economists have endeavored to restrict the boundaries of the science to the investigation of those quantities which are numerically measurable. Well-being, under such a restriction, would not be part of economics at all.
Kenneth Boulding
It's true that my initial training was in mathematics. However, almost by accident, I happened to take a course from Kenneth Arrow on "Information Economics,” which was so inspiring that I decided to change direction. It seemed to me that economics combined the best of both worlds: the rigor of mathematics with the immediate relevance of a social science. As for how much math I would recommend, I'd say that basic analysis, including measure theory, is certainly very useful. Also, linear algebra and stochastic processes always helps. But beyond that, I don't think a huge mathematical investment is necessary to do economic theory unless you are planning to work in an extremely technical area.
Eric Maskin
The decisive weakness in neoclassical and neo-Keynesian economics is not the error in the assumptions by which it elides the problem of power. The capacity for erroneous belief is very great, especially where it coincides with convenience. Rather, in eliding power - in making economics a nonpolitical subject - neoclassical theory destroys its relation to the real world. In that world, power is decisive in what happens. And the problems of that world are increasing both in number and in the depth of their social affliction. In consequence, neoclassical and neo-Keynesian economics is relegating its players to the social sidelines where they either call no plays or use the wrong ones. To change the metaphor, they manipulate levers to which no machinery is attached.
John Kenneth Galbraith
Let true Christians then, with becoming earnestness, strive in all things to recommend their profession, and to put to silence the vain scoffs of ignorant objectors. Let them boldly assert the cause of Christ in an age when so many, who bear the name of Christians, are ashamed of Him: and let them consider as devolved on Them the important duty of suspending for a while the fall of their country, and, perhaps, of performing a still more extensive service to society at large; not by busy interference in politics, in which it cannot but be confessed there is much uncertainty; but rather by that sure and radical benefit of restoring the influence of Religion, and of raising the standard of morality.
William Wilberforce