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Deep in the human nature there is an almost irresistible tendency to concentrate physical and mental energy on attempts at solving problems that seem… - Ragnar Frisch
" "Deep in the human nature there is an almost irresistible tendency to concentrate physical and mental energy on attempts at solving problems that seem to be unsolvable.
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About Ragnar Frisch
Ragnar Anton Kittil Frisch (3 March 1895 – 31 January 1973) was a Norwegian economist and the co-winner with Jan Tinbergen of the first Nobel Memorial Prize in Economic Sciences in 1969. He is known for having founded the discipline of econometrics, and in 1933 to have created the widely used term pair macroeconomics/microeconomics.
Also Known As
Native Name:
Ragnar Anton Kittil Frisch
Alternative Names:
Ragnar frisch
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Ragnar Kittil Frisch
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Ragnar A. K. Frisch
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Ragnar Anton Kittil FRISCH
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Ragnar FRISCH
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R. A. K. Frisch
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R. Frisch
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Frisch, Ragnar Anton Kittil
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Additional quotes by Ragnar Frisch
In this feverish world of ours, where one wants the economic analyses to produce easily understandable results quickly and at the least possible cost, some of us have fallen into the habit of assuming for simplicity that the hundreds sometimes thousands of variables that enter into the analyses are linked together by very simple relationships. Frequently we even go so far as to assume linear relationships. Only in this way have we been able to feed our problems into the electronic computers and get mechanical answers quickly and at low cost.
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