top of page
Quote_1.png
Kenneth Joseph Arrow

"My research, even before 1972, moved in directions beyond those cited for the Nobel Memorial Prize. Most of it, in one way or another, deals with information as an economic variable, both as to its production and as to its use."

Standard 
 Customized
"My research, even before 1972, moved in directions beyond those cited for the Nobel Memorial Prize. Most of it, in one way or another, deals with information as an economic variable, both as to its production and as to its use."

Exlpore more Economy quotes

Quote_1.png
Amber Hurdle

"They only let us live in millions for the sake of the economy. I don't know what will happen by the time they figure out how to run the economy without the people."

Quote_1.png
Amber Hurdle

"Pico Mundo is a prosperous town. But no degree of prosperity can be sufficient to eliminate all misfortune, and sloth is impervious to opportunity."

Quote_1.png
Amber Hurdle

"The problem was how to keep the wheels of industry turning without increasing the real wealth of the world. Goods must be produced, but they must not be distributed."

Quote_1.png
Amber Hurdle

"Belonging to the working class is the economy's punishment for those who did what they were told to do in class."

Quote_1.png
Amber Hurdle

"The world economy would collapse if a significant number of people were to realize and then act on the realization that it is possible to enjoy many if not most of the things that they enjoy without first having to own them."

Quote_1.png
Amber Hurdle

"Not every single broke and unemployed person needs a job, some need customers."

Quote_1.png
Amber Hurdle

"Civilization transformed man from a food gatherer to a gatherer of pieces of paper: diplomas, employment contracts, money, etc."

Quote_1.png
Amber Hurdle

"Economy is the method by which we prepare today to afford the improvements of tomorrow."

Quote_1.png
Amber Hurdle

"Money isn't the only thing that must flow and circulate in order to have good value: good turns and gifts must flow and circulate . . . for any social system to remain in balance."

Quote_1.png
Amber Hurdle

"Money is representative, and follows the nature and fortunes of the owner...The farmer is covetous of his dollar, and with reason. It is no waif to him. He knows how many strokes of labor it represents. His bones ache with the days' work that earned it. He knows how much land it represents - how much rain, frost and sunshine. He knows that, in the dollar, he gives you so much discretion and patience, so much hoeing and threshing. Try to lift his dollar; you must lift all that weight. In the city, where money follows the skit of a pen or a lucky rise in exchange, it comes to be looked on as light."

Explore more quotes by Kenneth Joseph Arrow

Quote_1.png
Kenneth Joseph Arrow
"My graduate study was interrupted, like that of many others, by World War II."
Quote_1.png
Kenneth Joseph Arrow
"My undergraduate education, at the City College in New York, was made possible only by the existence of that excellent free institution and the financial sacrifices of my parents."
Quote_1.png
Kenneth Joseph Arrow
"In 1963 and later papers, I pointed out that the special market characteristics of medical care and medical insurance could be explained by reference to differences in information among the parties involved."
Quote_1.png
Kenneth Joseph Arrow
"My assignment was exclusively in the research field, and my first published paper, On the Optimal Use of Winds for Flight Planning, was the outgrowth of that work."
Quote_1.png
Kenneth Joseph Arrow
"My research, even before 1972, moved in directions beyond those cited for the Nobel Memorial Prize. Most of it, in one way or another, deals with information as an economic variable, both as to its production and as to its use."
bottom of page