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Misinterpreting Kelvin’s Maxim

In: Economics as Anatomy

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I often say that when you can measure what you are speaking about, and express it in numbers, you know something about it; but when you cannot measure it, when you cannot express it in numbers, your knowledge is of a meagre and unsatisfactory kind; it may be the beginning of knowledge, but you have scarcely in your thoughts advanced to the state of science, whatever the matter may be. William Thompson, Lord Kelvin

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  • ., 2019. "Misinterpreting Kelvin’s Maxim," Chapters, in: Economics as Anatomy, chapter 5, pages 51-58, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:17539_5
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    Economics and Finance; Research Methods;

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