Mathematical economics is old enough to be respectable, but not all economists respect it. It has powerful supporters and impressive testimonials, yet many capable economists deny that mathematics, except as a shorthand or expository device, can be applied to economic reasoning. There have even been rumors that mathematics is used in economics (and in other social sciences) either for the deliberate purpose of mystification or to confer dignity upon common places as French was once used in diplomatic communications.

The self-regulating mechanism of the market place cannot always be depended upon to produce adequate results in scientific research.

Mathematical economics is old enough to be respectable, but not all economists respect it. It has powerful supporters and impressive testimonials, yet many capable economists deny that mathematics, except as a shorthand or expository device, can be applied to economic reasoning. There have even been rumors that mathematics is used in economics (and in other social sciences) either for the deliberate purpose of mystification or to confer dignity upon common places as French was once used in diplomatic communications.

It is unnecessary to understand electromagnetic theory before wiring a lamp or to study physics in order to repair a pump. We count on our fingers and give no heed to the proliferating implications of the act.

When the most abstract and "useless" disciplines have been cultivated for a time, they are often seized upon as practical tools by other departments of science. I conceive that this is no accident, as if one bought a top hat for a wedding, and discovered later when a fire broke out, that it could be used as a water bucket.

There are... scientific works - star catalogues, for example - which are not art; but the theoretical structures of Gauss, Einstein, or Maxwell are original, individual, "very personal" responses and expressions of exactly the same kind as the creative works of Beethoven or Dostoievski.

Games are among the most interesting creations of the human mind, and the analysis of their structure is full of adventure and surprises. Unfortunately there is never a lack of mathematicians for the job of transforming delectable ingredients into a dish that tastes like a damp blanket.