"My interest in economics has always been in the whole corpus of economic theory, the interrelationships between the various fields of theory and their relevance for the formulation of economic policy"
- James Meade
About this Quote
James Meade's quote speaks with his interest in economics as a whole, instead of just one particular field. He has an interest in the interrelationships in between the numerous fields of financial theory and how they can be utilized to inform financial policy. This recommends that he thinks that economic theory needs to be viewed holistically, rather than in seclusion, in order to get a better understanding of the economy and how to finest formulate financial policy. Meade's quote also indicates that economic theory needs to be utilized to notify financial policy, instead of the other method around. This recommends that he thinks that financial theory needs to be utilized to assist policy choices, instead of policy choices being used to form financial theory. Eventually, Meade's quote speaks with his belief that economic theory must be used to notify financial policy, which it should be seen holistically in order to acquire a much better understanding of the economy.
This quote is written / told by James Meade between June 23, 1907 and December 22, 1995. He/she was a famous Economist from England.
The author also have 12 other quotes.
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