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Quotable Quotes
"As yet we know far too little about the origin of mass attitudes, their spread among people and the effects of different attitudes on action. But what we do know is that economic psychology may usefully supplement the theoretical and statistical approach of traditional economics. It contributes to the understanding and prediction of economic fluctuations, and thereby promises to provide poly makers with better tools which they may use to combat the recurrence of periodic depressions and inflations."
- Dr. George Katona, Professor of Economics and Psychology, University of Michigan.
Scientific American, 1954.