Trygve Haavelmo

"Dr. Smith and all of his sensible disciples have believed that people would not strive to do anything well …"

"Life, faculties, production — in other words, individuality, liberty, property — this is man. And in spite …"

"Though mainstream economics began by assuming that his hedonistic, individualistic approach to analysing co…"

"Keynes was no revolutionary, but his ideas revolutionized 20th-century economics."

"Lotteries are a tax on ignorance."

"It is my firm belief that the only satisfactory test of economics is the ability to predict, and in crucial…"