Economists can never be free of from difficulties unless they will distinguish between a theory and the application of a theory. — William Stanley Jevons Copy Share Image
In the assumption that power belongs as a matter of course to capital, all economists are Marxians. — John Kenneth Galbraith Copy Share Image
Economists create their own worlds. We're like little gods with our artificial economics, wanting to see what happens. — Edward C. Prescott Copy Share Image
Economists can certainly disappoint you. One said that the economy would turn up by the last quarter. Well, I'm down to mine… — Robert Orben Copy Share Image
Instead of a universal basic income, we could have a basic income guarantee. Or, as economists prefer to call it, a negative… — Rutger Bregman Copy Share Image
Mr. Trump has said he strongly supports immediate expensing of capital expenditures, which many economists agree would encourage growth. — James B. Stewart Copy Share Image
Economists give their predictions to a digit after the decimal point to show that they have a sense of humor. — Anonymous Copy Share Image
The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of… — Barry Ritholtz Copy Share Image
Very often, the judgments by ordinary citizens may be better than those by professional economists, being more rooted in reality and less… — Ha-Joon Chang Copy Share Image
Governments, political parties, pressure groups, and the bureaucrats of the educational hierarchy think they can avoid the inevitable consequences of unsuitable measures… — Ludwig von Mises Copy Share Image
Perhaps concentrated wealth will inspire a nation of innovative problem-solvers. But if the view of many economists is right - that it… — Adam Davidson Copy Share Image
Economists who have studied the relationship between education and economic growth confirm what common sense suggests: The number of college degrees is… — Derek Bok Copy Share Image
For me, geopolitical issues are becoming more important, because how can you understand economy if you don't understand geopolitics? People think economists… — Nouriel Roubini Copy Share Image
My fellow economists and academics fail to understand the economics of trade in the real world. Traditional models of academia respect free… — Peter Navarro Copy Share Image
In short, competition has to shoulder the responsibility of explaining all the meaningless ideas of the economists, whereas it should rather be… — Karl Marx Copy Share Image
Policy makers have plainly failed both here in the United States and in Europe as well. People who have suffered because of… — Katty Kay Copy Share Image
Our popular economics writers, however, are not in the business of giving their readers a ringside seat on the research action; with… — Paul Krugman Copy Share Image
“Economists are not responsible for the wealth of nations, but they can be responsible for the poverty of nations. This is an… — Peter J. Boettke 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
“We both approach the world as economists, and as economists resigned to - and sometimes even reveling in - the character defect… — Steven Landsburg Copy Share Image
I write with two things in mind. I want to be right with my fellow economists. After all, I've made my life… — John Kenneth Galbraith Copy Share Image
I cannot disagree with you that having something like 500 economists is extremely unhealthy. As you say, it is not conducive to… — Milton Friedman Copy Share Image
The bad economist sees only what immediately strikes the eye; the good economist also looks beyond. The bad economist sees only the… — Henry Hazlitt Copy Share Image
“...If you look at mainstream economics there are three things you will not find in a mainstream economic model - Banks, Debt,… — Steve Keen Copy Share Image
I can't speak for them, of course, but I believe that most economists would accept the view that, while you sometimes can… — Merton Miller Copy Share Image
Engineers do engineering, i.e. they build bridges. So engineering needs engineers. The economy does NOT need economists. Economists do not make economy,… — Steve Keen Copy Share Image
When most people think of economists, they think of macro-economists. Macro-economists try to describe or - even harder - predict the movements… — Stephen J. Dubner Copy Share Image
Raising the minimum wage, as President Obama proposed in his State of the Union address, tends to be more popular with the… — Christina Romer Copy Share Image
...the institutional arrangement whereby most professional economists are heavily burdened with teaching and administrative duties may militate against a sufficient admixture of… — Sir Henry Roy Forbes Harrod Copy Share Image
It is particularly odd that economists who profess to be champions of a free-market economy, should go to such twists and turns… — Murray Rothbard Copy Share Image
Question: Why does anyone bother to listen to economists anymore? The profession has become an embarrassment, and the most respected economists have… — Stephen Moore Copy Share Image
When you poll all of the economists, uh, across America that I think are intellectually honest they would all, or maybe not… — Donald Evans Copy Share Image
Thanks to economists, all of us, from the days of Adam Smith and before right down to the present, tariffs are perhaps… — Milton Friedman Copy Share Image
As economists bandy about terms like 'recapitalization,' 'credit lines,' and 'liquidity,' families are facing brutal cuts to their social services and welfare… — Sharan Burrow Copy Share Image
Indeed, willingness to challenge professional economists and other experts is a foundation stone of democracy. If all we have to do is… — Ha-Joon Chang Copy Share Image
Economists should be modest and be aware that they are part of the broader social science community. We need to be pragmatic… — Thomas Piketty Copy Share Image
Economists at the National Bureau of Economic Research and University of Chicago persuasively argue that one of the biggest reasons for the… — Charles Duhigg Copy Share Image
When the Internet first appeared, this heated debate developed among economists. One side said the Internet will make it easier for companies… — Austan Goolsbee Copy Share Image
I have been…moved to wonder whether my job is a job or a racket, whether economists, and particularly economic theorists, may not… — Frank Knight Copy Share Image
“The economics we need is of the "seminar room" variety, not the "rule-of-thumb" kind. It is an economics that recognizes its limitations… — Dani Rodrik Copy Share Image