Maurice Allais Quotes


My approach has never been to start from theories to arrive at facts, but on the contrary, to try to bring out from the facts the explanatory thread without which they appear incomprehensible and elude effective action.


Citations

Allais, Maurice. "Maurice Allais - Biographical." Les Prix Nobel. The Nobel Prizes 1988, edited by Tore Frängsmyr, Nobel Foundation, 1989.

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Maurice Allais
Maurice Allais
  • Born: May 31, 1911
  • Died: October 9, 2010
  • Nationality: French
  • Profession: Economist

Maurice Félix Charles Allais was a French physicist and economist, the 1988 winner of the Nobel Memorial Prize in Economic Sciences "for his pioneering contributions to the theory of markets and efficient utilization of resources", for Maurice Allais contribution, along with John Hicks (Value and Capital, 1939) and Paul Samuelson (The Foundations of Economic Analysis, 1947), to neoclassical synthesis. They formalize the self-regulation of markets, that Keynes refuted, while reiterating some of his ideas.