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viable quotes

  • [There is] a delusion that macro-economics is both viableanduseful (a delusionencouraged by its extensive use of mathematics, which must always impress politicians lacking any mathematical education, and which is really the nearest thing to the practice of magic that occurs among professional economists).

    - Friedrich August von Hayek
      The Fatal Conceit:  The Errors of Socialism, ch.6.

Webster's New World Dictionary of Quotations Copyright © 2010 by Chambers Harrap Publishers Ltd. All rights reserved. Published by Wiley, Hoboken, NJ. Used by arrangement with John Wiley & Sons, Inc.

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