The temptation to use mathematics is irresistible for economists. It appears to convey the appropriate air of scientific authority and precision to… — Paul Ormerod 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
I don't think quantitative easing is deliberately misleading, but I do think it's suspiciously bland and reassuring. It doesn't sound like anything… — John Lanchester Copy Share Image
Free market economists frequently see minimum wage legislation as mere political intervention. However, there are decent economic theories which show that, under… — Ha-Joon Chang Copy Share Image
“The mathematical economists have commonly been mathematicians first and economists afterward, disposed to oversimplify the data and underestimate the divergence between their… — Frank H. Knight Copy Share Image
The tools used by economists to analyze business firms are too abstract and speculative to offer any guidance to entrepreneurs and managers… — Ronald Coase Copy Share Image
Unfortunately, a lot of economists wanted to make their subject a science. So the more what you do resembles physics or chemistry,… — Ha-Joon Chang Copy Share Image
THERE is widespread agreement among economists that abuse of credit constitutes one of the chief unwholesome elements in business booms and is… — Benjamin Graham Copy Share Image
Until the Great Depression, most economists clung to a vision of capitalism as a perfect or nearly perfect system. That vision wasn’t… — Paul Krugman Copy Share Image
I see the God complex around me all the time in my fellow economists. I see it in our business leaders. I… — Tim Harford Copy Share Image
Evolving technologies that allow economists to gather new types of data and to manipulate millions of data points are just one factor… — Ben Bernanke Copy Share Image
The first essential for economists ... is to ... combat, not foster, the ideology which pretends that values which can be measured… — Joan Robinson Copy Share Image
“Smart enough to get into Yale. Economists studied students who had been admitted to two schools of higher and lower prestige but… — Chip Heath Copy Share Image
If there is one thing that most economists agree about in the realm of tax policy, it is that it's best to… — Richard Thaler Copy Share Image
Proving that profit is economically and morally justifiable, rather than the result of exploitation, has been a central preoccupation of neoclassical economists. — Jim Stanford Copy Share Image
Economists are said to disagree too much but in ways that are too much alike: If eight sleep in the same bed,… — Paul Samuelson Copy Share Image
Economists are about as useful as astrologers in predicting the future (and, like astrologers, they never let failure on one occasion diminish… — Arthur M. Schlesinger, Jr Copy Share Image
Since 1975, when I entered the Wharton Graduate School, I have belonged to a small group of economists who believe that the… — Paul Zane Pilzer Copy Share Image
What we owe future generations is the subject of growing debate by economists, philosophers, ethicists, public policymakers, and academics of all stripes.… — Leonor Varela Copy Share Image
For far too long economists have sought to define themselves in terms of their supposedly scientific methods. In fact, those methods rely… — Thomas Piketty Copy Share Image
Gambling interests hire lots of economists to do impact studies, but what you need is cost-benefit analysis, and you'll never see the… — John Warren Kindt Copy Share Image
If economists wished to study the horse, they wouldn’t go and look at horses. They’d sit in their studies and say to… — Ronald Coase Copy Share Image
Happiness quantification sounds a bit wishy-washy, sure, and through a series of carefully administered surveys across the globe, economists and psychologists have… — Adam Davidson Copy Share Image
The obstacles facing academic economists are formidable, for tenure and professional advancement still depend to a large extent on a willingness to… — Paul Ormerod Copy Share Image
The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is… — John Maynard Keynes Copy Share Image
Many of us economists who believe in efficiency do so because we view markets as amazingly successful devices for reflecting new information… — Burton Malkiel Copy Share Image
Entire populations of market strategists, fund managers, and economists are employed to try and intuit for clients which securities to bet on… — Kelly Evans Copy Share Image
No one knows anything about economics. It's the great lie of the economists. By contrast in football people might have contrasting opinions,… — Vicente del Bosque Copy Share Image
The America that I think most Americans would want, most economists on the right or left would want, is one in which… — Adam Davidson Copy Share Image
I have arrived at the conviction that the neglect by economists to discuss seriously what is really the crucial problem of our… — Friedrich August von Hayek Copy Share Image
Economists must leave to Adam Smith alone the glory of the Quarto, must pluck the day, fling pamphlets into the wind, write… — John Maynard Keynes Copy Share Image
Many economists are great believers in the idea that everything in nature is competitive and that we should set up a society… — Frans de Waal Copy Share Image
Economics evolved as a more moral and more egalitarian approach to policy than prevailed in its surrounding milieu. Let's cherish and extend… — Tyler Cowen Copy Share Image
Economists and financial analysts are not like steelworkers or people in other occupations. They don't get evaluated based on their performance. They… — Dean Baker Copy Share Image
'Fun money' is another thing that makes no sense to traditional economists. Because there's just money; there's no 'fun money.' It's all… — Richard Thaler Copy Share Image
Economists are behavioural psychologists, but they think more is better; they want to make everyone richer. They should pause. More's not necessarily… — David Hemenway Copy Share Image
