No. Let me make it more clear with pictures:

x^y

This is how everyone expects it to look.

"x^y"

This is x^y in quotations. Why not use x^y without quotations? Well this is what happens:

\int_a^b \ f(x) \ dx

Note that this is a very long image, if you view its entirety, you'll see that the equation actually displays correctly after that long string. Any equation with a space or certain characters like + need quotations to be parsed (like working with strings), but here's what happens when I use ^ within quotations to the archetypal integral:

"\int_a^b \ f(x) \ dx"

It should be an integral from a to b, but anything using ^ to raise any object gets garbled. I can find no way around this. I've tried \int \limit_a \limit^b as well, and this isn't even the equation I was originally constructing. Anything both raised to a power and with quotations fails to render correctly.

Encapsulating LaTeX code in { } is also problematic, but if the powers thing is fixed, it may be a non-issue (at least for me).

For instance:

"\int_{-\infty}^\infty \ x^x(\delta-2) \ dx"

the { } are needed to make infinity negative for an integral that goes from negative infinity to positive infinity.

Here it is without quotations:

And here's what it's supposed to look like:

This image was cut from the very tail end of the preceding image.