Economists Quotes · Page 5

Despite the high salaries involved, employing economists is a cost-effective way for banks, and stockbrokers to secure exposure in the media.

— Paul Ormerod

There is much more to life than what gets measured in accounts. Even economists know that.

— Tim Harford

I have always been considered to be the most German among Italian economists, which I always received as a compliment, but was…

— Mario Monti

Economists who speak the English tongue are strangely intimidated by mathematical symbols.

— Al Nichol

The economy depends about as much on economists as the weather does on weather forecasters.

— Jean-Paul Kauffmann

Economists think about what people ought to do. Psychologists watch what they actually do.

— Daniel Kahneman

Economists must always be prepared for surprises: they find many in trying to find order in the universe of their study.

— Simon Kuznets

Economists are very good at saying that something cannot go on forever, but not so good at saying when it will stop.

— Herbert Stein

Economists suffer from a deep psychological disorder that I call 'physics envy'. We wish that 99 percent of economic behavior could be…

— Andrew Lo

Along with others, I have tried to pry economists away from narrow assumptions about self interest. Behavior is driven by a much…

— Gary Becker

A study by Treasury economists estimated that a country with a tax rate one percentage point lower than another country's attracts 3…

— Henry Paulson

Yeah, you know, there's a difference between the textbook world that economists like to imagine, and the real world where real people…

— Paul Romer

Psychologists and economists love to talk about the notion of two selves: present self and future self. It's a nice way to…

— Daniel Goldstein

I am one of the most successful economists, according to what markets tell us, though most of my professional colleagues, who are…

— Ha-Joon Chang

To assert, as some have, that illegal immigrants do not depress wages because they do the jobs Americans refuse is the kind…

— Mark Helprin

Health economists have estimated that an injection of $250 million per year in Indigenous clinical care, and $50 million in preventative care,…

— Malcolm Fraser

The fear among economists across the political spectrum that was - was that we were rapidly plummeting towards a second Great Depression.…

— Barack Obama

Even as I pursued a doctorate in the history of ideas in my native Denmark, I realized I had neither the encyclopedic…

— Anne Fortier

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

But if, if you take a look at what would have happened, I mean, do we need to see soup lines down…

— Alexi Giannoulias

“While economists of such different political affiliations as Paul Krugman, Larry Summers, and Tyler Cowen all have written extensively about the cause…

— Jonathan Taplin

Experts kill me. Economic experts, that is. Corporations, foundations, publications and governments pay them by the bucketful, and they fill buckets with…

— Malcolm Forbes

The rationale for tenure is still valid. But the system has turned the academy into one of the most conservative and costly…

— Francis Fukuyama

“Economists at Standard & Poor’s Ratings Services are the authors of the straightforwardly titled “How Increasing Inequality is Dampening U.S. Economic Growth,…

— Anonymous

Our biggest challenge is to eliminate the popular perception that economists don't have anything useful to say.

— Mark Zandi

I believe that economists put decimal points in their forecasts to show they have a sense of humor.

— William Gilmore Simms

The sad truth is that many behavioral economists know very little about psychology.

— Richard Thaler

Give me a one-handed economist! All my economists say, On the one hand on the other.

— Harry S. Truman

“Accountants and economists are natural enemies. One views trees, the other forests, and the visions are usually at odds, as they should…

— Robert Ludlum

I'm not an economist and we all know economists were created to make weather forecasters look good.

— Rupert Murdoch

Lunches don't get free just because you don't see the prices on the menu. And economists don't get popular by reminding people…

— Thomas Sowell

“Some economists predict that sooner or later, unenhanced humans will be completely useless.”

— Yuval Noah Harari

If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.

— John Maynard Keynes

Most academic economists know nothing of economy. In fact, they know little of anything.

— Edward Abbey

If all the economists were laid end to end, they'd never reach a conclusion.

— George Bernard Shaw

In a world where for pedagogic and other purposes a very large number of economists is required, an arrangement which discourages many…

— John Kenneth Galbraith

Sometimes economists in official positions give bad advice; sometimes they give very, very bad advice; and sometimes they work at the OECD.

— Paul Krugman

Economists want their discipline to be a science, and they have nailed down a few precepts, but many of their debates are…

— Nathan Myhrvold

Economists state their GNP growth projections to the nearest tenth of a percentage point to prove they have a sense of humor.

— Edgar Fiedler

I think behavioral economists don't have any more of an explanation about the rise of Trump than anyone else.

— Richard Thaler