Applied mathematics

“My decision to leave applied mathematics for economics was in part tied to the widely-held popular belief in the 1960s that macroeconomics had made fundamental inroads into controlling business cycles and stopping dysfunctional unemployment and inflation.”

“Pure mathematics is much more than an armoury of tools and techniques for the applied mathematician. On the other hand, the pure mathematician has ever been grateful to applied mathematics for stimulus and inspiration. From the vibrations of the violin string they have drawn enchanting harmonies of Fourier Series, and to study the triode valve they have invented a whole theory of non-linear oscillations.”