Oskar Morgenstern Quote

Now, in the modern money economy everything in the nature of a social-economic occurrence consists in human actions and behaviour.

Oskar Morgenstern

Now, in the modern money economy everything in the nature of a social-economic occurrence consists in human actions and behaviour.

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About Oskar Morgenstern

Oskar Morgenstern (German: [ˈmɔʁɡn̩ʃtɛʁn]; January 24, 1902 – July 26, 1977) was a German-born economist. In collaboration with mathematician John von Neumann, he is credited with founding the field of game theory and its application to social sciences and strategic decision-making. He also made significant contributions to decision theory (see von Neumann–Morgenstern utility theorem).
He served as a consultant or co-founder for companies including the Market Research Corporation of America and the original Mathematica Inc.