"I have learned as much in the last three years as in any other comparable period of my life, but with an added realisation of how little over a half century of study one has in fact managed to learn of the whole range of economic policy issues"
About this Quote
Economic policy looks deceptively “solvable” because it speaks in the clean language of models and indicators. Meade, a Nobel-winning architect of mid-century welfare and trade thinking, is reminding us that policy is not a closed-form equation. It’s a messy negotiation between theory, political constraints, incentives, distributional fights, and time lags that punish certainty. His “half century of study” isn’t an appeal to authority so much as a refusal to weaponize authority.
The context matters: Meade’s career spanned depression, world war, reconstruction, the rise of the welfare state, Bretton Woods, decolonization, and the early cracks in postwar Keynesian confidence. If you lived through that sequence and still believed economics could be packaged as a stable toolkit, you weren’t paying attention. Subtext: beware the economist (or politician) selling policy as settled science. If someone with Meade’s credentials ends up talking about how little he knows, the real target is the culture of certainty that public debate keeps demanding.
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APA Style (7th ed.)
Meade, James. (n.d.). I have learned as much in the last three years as in any other comparable period of my life, but with an added realisation of how little over a half century of study one has in fact managed to learn of the whole range of economic policy issues. FixQuotes. https://fixquotes.com/quotes/i-have-learned-as-much-in-the-last-three-years-as-8134/
Chicago Style
Meade, James. "I have learned as much in the last three years as in any other comparable period of my life, but with an added realisation of how little over a half century of study one has in fact managed to learn of the whole range of economic policy issues." FixQuotes. Accessed February 2, 2026. https://fixquotes.com/quotes/i-have-learned-as-much-in-the-last-three-years-as-8134/.
MLA Style (9th ed.)
"I have learned as much in the last three years as in any other comparable period of my life, but with an added realisation of how little over a half century of study one has in fact managed to learn of the whole range of economic policy issues." FixQuotes, https://fixquotes.com/quotes/i-have-learned-as-much-in-the-last-three-years-as-8134/. Accessed 2 Feb. 2026.





