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A Quote by James R. Newman on accuracy, economics, knowledge, and mathematics

To be sure, mathematics can be extended to any branch of knowledge, including economics, provided the concepts are so clearly defined as to permit accurate symbolic representation. That is only another way of saying that in some branches of discourse it is desirable to know what you are talking about.

James R. Newman
Source: J. R. Newman (ed.) The World of Mathematics, New York: Simon and Schuster, 1956.
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