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"Unlike the position that exists in the physical sciences, in economics and other disciplines that deal with essentially complex phenomena, the aspects of the events to be accounted for about which we can get quantitative data are necessarily limited and may not include the important ones."

— Friedrich August von Hayek
friedrich august von hayek Quotes Phenomenon,Data,Physical Science

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Friedrich August von Hayek
Phenomenon
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Physical Science
Events

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In war there are none but particular cases; everything has there an individual nature; nothing ever repeats itself. In the first place, the data of a military problem are but seldom certain; they are never final . Everything is in a constant state of change and reshaping.

— Ferdinand Foch

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as an economics professor I am by nature inclined to the view that the truth isn't out there, it's in here - that usually you learn a lot more by thinking really hard about the data than you do by sniffing around for supposedly inside information.

— Paul Krugman

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