"famous formulation" is a correct and usable phrase in written English.
You can use it to refer to a widely known or accepted statement, expression, or equation, typically one that is used as a basis of comparison or argument. For example, "His famous formulation of the scientific principle inspired generations of scholars."
And -- in Cluetrain's most famous formulation -- so are networked markets.
It announces the computer as a tool, ready for use the "bicycle for the mind," in Steve Jobs's famous formulation.
In the famous formulation, Moynihan was "blaming the victim"; he was also accused of both subtle and explicit racism.
The missionary movements of the 19th century inspired pious adventurers to travel to Africa and spread, in the famous formulation of David Livingstone, "Civilization, commerce and Christianity".
Then, in his 2002 State of the Union address, Bush included North Korea, along with Iran and Iraq, in his famous formulation, the "axis of evil".
Follow your dreams and, with enough training an average of ten thousand hours, as the famous formulation goes you can reach them, whether they involve golf or poetry.
But Brandeis's dissent contains one of the most famous formulations in American law: that the states should be free to serve as "laboratories" of democracy.
Just when you think you are out, "they pull you back in," to use the famous "Godfather" formulation.
Or, in Judge Benjamin Cardozo's famous mocking formulation in a 1926 decision for New York's highest court rejecting the rule: "The criminal is to go free because the constable has blundered".
The guards are incapable of defending what they do other than by appealing to tradition or using Ring Lardner's famous debating formulation: 'Shut up, I explained.' Yet what gradually emerges is that they're as much the victims of the repressive clerics as their prisoners.
He is famous for his formulation of the five tropes, or grounds for the suspension of judgment, that summarize the method of argument of Greek skeptics generally.
