Quantitative Analysis in Economic Theory

I shall say little of qualitative analysis beyond making the obvious remark that it cannot be dispensed with, if for no other reason, because quantitative work itself involves distinctions of kind, and distinctions of kind start with distinctions of quality. The problematical and therefore interesti...

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Bibliographic Details
Published in:The American economic review 1925-03, Vol.15 (1), p.1-12
Main Author: Mitchell, Wesley C.
Format: Article
Language:English
Subjects:
Classical economics
Economic analysis
Economic motivation
Economic research
Economic theory
Pleasure
Qualitative analysis
Quantitative analysis
Statistics
Studies
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Summary:I shall say little of qualitative analysis beyond making the obvious remark that it cannot be dispensed with, if for no other reason, because quantitative work itself involves distinctions of kind, and distinctions of kind start with distinctions of quality. The problematical and therefore interesting point is: What can we hope from quantitative, the less thoroughly proven type of analysis?
ISSN:0002-8282
1944-7981