My argument implies that, divorced from history, economics is a rudderless ship and economists without history have not much idea of where it is sailing to. But I am not suggesting that these defects can be remedied simply be getting some charts, that is by paying more attention to concrete economic realities and historical experience. As a matter of fact, there have always been plenty of economists ready and anxious to keep their eyes open. The trouble is that, if in the mainstream tradition, their theory and method as such has not helped them to know where to look and what to look for.
Eric HobsbawmRelated topics
argument attention concrete economics experience getting historical history idea matter open plenty ready ship suggesting trouble mainstream eyesRelated quotes
Capital, explaining the origins of the capitalist mode of production, points towards the inevitable historical decline and fall of this same social system. An economic theory based upon the historical relativity of every economic system, its strict limitation in time, tactlessly reminds Messrs the capitalists, their hangers-on and their apologists that capitalism itself is a product of history. It will perish in due course as it once was born. A new social form of economic organization will then take the place of the capitalist one: it will function according to other laws than those which govern the capitalist economy.
Ernest Mandel
For the first time, we saw everything they could bring to the battle. And it was... nothing. Not even a fizzle. All they can say is "thief, we have our rights, we want our rights, nothing must change, we want more money, thief, thief, thief". And shove some poor artists in front of them to deliver the message. Whereas we are talking about scarcity vs. abundance, monopolies, the nature of property, 500-year historical perspectives on culture and knowledge, incentive structures, economic theory, disruptive technologies, etc. The difference in intellectual levels between the sides is astounding.
Rickard Falkvinge
In all these papers we see a love of honest work, an aversion to shams, a caution in the enunciation of conclusions, a distrust of rash generalizations and speculations based on uncertain premises. He was never anxious to add one more guess on doubtful matters in the hope of hitting the truth, or what might pass as such for a time, but was always ready to take infinite pains in the most careful testing of every theory. With these qualities was united a modesty which forbade the pushing of his own claims and desired no reputation except the unsought tribute of competent judges.
Josiah Willard Gibbs
A child has this relationship to a creative force, you know? Yeah, your parents gradually, you know, they gradually shove your face in the concrete, and so do your teachers and school system and...everything's working against you, but...but...but the force of creativity nature is not working against you - it's right there for you, at any time! You just...you know, you just have to be ready not to judge yourself and to be open to whatever's gonna come through you and to-to be ready to not...to not...eeeh to not judge what comes through, but be alright with it, whatever it is, cause it's just the universe of expressing yourself.
John Frusciante
[Progress in psychology depends] upon keeping in mind that general validity of the law and concreteness of the individual case are not antitheses, and that reference to the totality of the concrete whole situation must take the place of reference to the largest possible historical collection of frequent repetitions. This means methodologically that the importance of a case, and its validity as proof, cannot be evaluated by the frequency of its occurrence. Finally, it means for psychology, as it did for physics, a transition from an abstract classificatory procedure to an essentially concrete constructive method.
Kurt Lewin