Posts in Economics
Wish I'd said that - Feb. 18, 2020

“Everything should be made as simple as possible, but not simpler.”

This quotation is hard to source because it seems to originate with Roger Sessions in 1950. But Sessions said Einstein had said it "in effect" and since then it has been very widely attributed to Einstein because who ever heard of Roger Sessions (I hadn’t; turns out he was a composer) whereas Einstein’s the guy with the giant brain and hairdo to match. The Quote Investigator says while Einstein did express this idea at various times it is probably Sessions who, while deflecting the credit, actually created the concise, beloved and much quoted version above.

Wish I'd said that - Feb. 11, 2020

“Any intelligent fool can make things bigger, more complex and more violent. It takes a touch of genius - and a lot of courage to move in the opposite direction.”

E.F. Schumacher, "Small is Beautiful" (August 1973).

BTW this statement is often attributed to Albert Einstein, an online quotation magnet (like Abraham Lincoln, who famously warned us "Don't believe everything you read on the internet just because there's a picture with a quote next to it).