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I have been…moved to wonder whether my job is a job or a…

“I have been…moved to wonder whether my job is a job or a racket, whether economists, and particularly economic theorists, may not be in the position that Cicero, citing Cato, ascribed to the augurs of Rome-that they should cover their faces or burst into laugher when they met on the street.” quote by Frank Knight
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“I have been…moved to wonder whether my job is a job or a racket, whether economists, and particularly economic theorists, may not be in the position that Cicero, citing Cato, ascribed to the augurs of Rome-that they should cover their faces or burst into laugher when they met on the street.”

Frank Knight

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

He questions whether economists are merely rational analysts or if they hide behind pretenses, similar to ancient augurs.

In simple terms: Economists may mask true motives.

Key Takeaway

Critically assess the motives behind economic theories.

Themes

skepticism truth professionalism

Mood

cautious inquisitive

Type

analytical critical

When to use this quote

  • academic discourse
  • policy advising
  • public commentary
  • media analysis

Key Concepts

economics philosophy history

Questions to Reflect On

  • Do you trust economic experts?
  • What evidence reveals their true intentions?
A Different Perspective

Not all economists are insincere; many seek genuine insight.

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