Most of mainstream economics is not "big-picture economics." Our journals and textbooks are full of the grimy details about inventory cycles or the d… - Paul Samuelson

I had a great admiration for Pigou. I thought that, in many ways, he was not only a faithful follower of Alfred Marshall, but he was also a more fertile developer of the Marshallian tradition than Marshall himself. … Whitehead said to me:“Don’t you think that Pigou was an overrated economist? Wasn’t Foxwell a better man?” Since I am an honest man, I said to Whitehead:“No, I think Pigou was a much more important economist than Foxwell.”

I think the acceptance of "mathematical expectation of utility" or its "arithmetic mean" was an unthinking carryover from the mathematical theory of the law of large numbers as applied to asymptotic processes.

Complete freedom is not definable once two wills exist in the same interdependent universe. We can sometimes find two situations in which Choice A is more free than Choice B in apparently every respect and at least as good as B in every other relevant sense. In such singular cases I will certainly throw in my lot with the exponents of individualism. But few situations are really of this simple type; and these few are hardly worth talking about, because they will already have been disposed of so easily. In most actual situations we come to a point at which choices between goals must be made: Do you want this kind of freedom and this kind of hunger, or that kind of freedom and that kind of hunger? I use these terms in a quasi-algebraic sense, but actually what is called "f reedom" is really a vector of almost infinite components rather than a one-dimensional thing that can be given a simple ordering.