The seminar in economic theory conducted by Hayek at the L.S.E. in the 1930s was attended, it came to seem, by all… — John Kenneth Galbraith Copy Share Image
Just because you read a report in the 'New York Times,' the 'Economist,' or, yes, 'The New Yorker' doesn't make it true.… — Michael Specter Copy Share Image
The years of the Great Depression were a superb time for economists because people not knowing what could be done or what… — John Kenneth Galbraith Copy Share Image
Economists got away from really questioning how the world works, how decisions actually got made. If something doesn't conform to neoclassical models… — W. Brian Arthur Copy Share Image
Friedrich Hayek, who died on March 23, 1992 at age 92, was arguably the greatest social scientist of the twentieth century. By… — Julian Simon Copy Share Image
Our belief in salvation through the market is very much in the Utopian tradition. The economists and managers are the servants of… — John Ralston Saul Copy Share Image
We want an economic team, Paul Krugman and Robert Kuttner, Joseph Steiglitz's people and others, who say, you know what? We're sophisticated… — Cornel West Copy Share Image
Why, when the economist gives advice to his society, is he so often cooly ignored? He never ceases to preach free trade,… — George Stigler Copy Share Image
Let the realist not mind appearances. Let him delegate to others the costly courtesies and decorations of social life. The virtuesare economists,… — Ralph Waldo Emerson Copy Share Image
In a regime of Free Trade and free economic intercourse it would be of little consequence that iron lay on one side… — John Maynard Keynes Copy Share Image
The study of economic organization commonly proceeds as though market and administrative modes of organization were disjunct. Market organization is the province… — Oliver E. Williamson Copy Share Image
This long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too… — John Maynard Keynes Copy Share Image
If you ask an economist what's driven economic growth, it's been major advances in things that mattered - the mechanization of farming,… — Larry Page Copy Share Image
I would never make a good economist. You know, an economist is a man that can tell you anything about — well,… — Will Rogers Copy Share Image
Economists often define their discipline as "the allocation of scarce resources among competing ends." But when resources or money really become scarce,… — Michael Hudson Copy Share Image
I never understand why 'economist makes forecast' is ever a headline. Whether the economist in question is from the International Monetary Fund,… — Tim Harford Copy Share Image
In the abstract world of American economists, equations run both ways; they believe that by changing the sign of a variable from… — Robert Gilpin Copy Share Image
I know economists will say well, we could run a small deficit but the problem is that once you cross that line… — Stephen Harper Copy Share Image
Among the social sciences, economists are the snobs. Economics, with its numbers and graphs and curves, at least has the coloration and… — Michael Kinsley Copy Share Image
It's because finance is so baffling that makes being an economist such a safe option. It nestles down comfortably with psychiatry and… — Dominic Holland Copy Share Image
most economists, like doctors, are reluctant to make predictions, and those who make them are seldom accurate. The economy, like the human… — Alice Rivlin Copy Share Image
Everything we get, outside of the free gifts of nature, must in some way be paid for. The world is full of… — Henry Hazlitt Copy Share Image
One effect of benefit-cost analysis is to give any respectable engineer or economist a means for justifying almost any kind of project… — Gilbert F. White Copy Share Image
I do not regard the Keynesian revolution as a great intellectual triumph. On the contrary, it was a tragedy because it came… — Joan Robinson Copy Share Image
In most cases I start off with a sketch. But I'm also thinking about real images: out of National Geographic, out of… — Wangechi Mutu Copy Share Image
I remember once reading that it is still not understood how the giraffe manages to pump an adequate blood supply all the… — Robert Solow Copy Share Image
Liberal economists conceive of societies as black boxes connected by exchange rates; as long as exchange rates are correct, what goes on… — Robert Gilpin Copy Share Image
Economists who adhere to rational-expectations models of the world will never admit it, but a lot of what happens in markets is… — Robert J. Shiller Copy Share Image
Over the last decade, economists seemed to share a broad consensus about economic policy, with the old splits between monetarists and Keynesians… — Gavyn Davies Copy Share Image
How should the best parts of psychology and economics interrelate in an enlightened economist's mind?... I think that these behavioral economics...or economists… — Charlie Munger Copy Share Image
[Economists' advice] is something like patent medicine - people know it is largely manufactured by quacks and that a good percentage of… — Barbara Bergmann Copy Share Image
However, the fact that an economist offers a theoretical analysis does not and should not automatically command respect. What is needed is… — Paul Krugman Copy Share Image
There is a history of mathematical models of oligopolistic competition dating from Cournot to the theory of games. There is also a… — Martin Shubik Copy Share Image
But if, if you take a look at what would have happened, I mean, do we need to see soup lines down… — Alexi Giannoulias Copy Share Image
Suppose someone sits down where you are sitting right now and announces to me that he is Napoleon Bonaparte. The last thing… — Robert Solow Copy Share Image
The delicate and intricate pattern of competition and cooperation in the economic behavior of the hundreds of thousands of citizens of Stockholm… — George Stigler Copy Share Image
As economists have often pointed out, we pay doctors for quantity, not quality. As they point out less often, we also pay… — Atul Gawande Copy Share Image
The ability to work with systems of general equilibrium is perhaps one of the most important skills of the economist - a… — Kenneth E. Boulding Copy Share Image
For those of you who may be unaware, [Michael] Boskin is the economist/weasel/fraud who helped to officially distort the CPI, making it… — Barry Ritholtz Copy Share Image
Congress has always had a soft spot for "experts" who tell members what they want to hear, whether it's supply-side economists declaring… — Paul Krugman Copy Share Image
![“[Economists' advice] is something like patent medicine - people know it is largely manufactured by quacks and that a good percentage of the time it won't work, but they continue to buy the brand whose flavor they like.” quote by Barbara Bergmann](https://sms4smile.com/q/img-quotes/5f2/barbara-bergmann-64259_advice_economists-advice-is-something-like-pate_3170455.jpg)
![“For those of you who may be unaware, [Michael] Boskin is the economist/weasel/fraud who helped to officially distort the CPI, making it more or less worthless as a measure of inflation. The Boskin Commission... was an act of cowardice. Rather than man up and say fix this, its broken, we can't…” quote by Barry Ritholtz](https://sms4smile.com/q/img-quotes/221/barry-ritholtz-5065_broken_for-those-of-you-who-may-be-unaware-mich_2657603.jpg)
